BoE Governor: Expect 13%+ Inflation and a Recession!
5th August 2022
The key update of the week is that the Bank of England has increased its interest rate by 0.5%, the largest increase since the Bank’s
Country Profile
Romania is one of the newer members of the European Union, still with its own currency the Leu (RON) rather than using the Euro.
It has a strong technological and manufacturing sector and a highly skilled workforce.
Its location on the Black Sea makes it ideally placed as a centre for international trade.
Total Value:
£2.2 billion / 0.47% of all UK Imports
Top 5 Imports are:
Total Value:
£966 million / 0.30% of all UK Exports
Top 5 Exports are:
The key update of the week is that the Bank of England has increased its interest rate by 0.5%, the largest increase since the Bank’s
Unsurprisingly, inflation continues to be the topic of the moment with figures announced Wednesday showing US prices rising 9.1% in June compared to a year
The European Union hasn’t finished expanding, there are actually several countries who are in the process of joining right now! Any country who joins is
