Today Andy Silvester talks to Jack Barnett, City A.M.'s Economics and Markets reporter. Together they go through the thinking behind the Bank of England's 25 basis point rate rise earlier today, which brought the UK's interest rate to 1%. They take a look at the Bank's forecasts, and explain why a recession is almost inevitable.

And in other news -- Shell and BP have announced bumper Q1 profits, and Elon Musk has lined up investors to help with his purchase of Twitter.

Today Andy Silvester talks to Jack Barnett, City A.M.'s Economics and Markets reporter. Together they go through the thinking behind the Bank of England's 25 basis point rate rise earlier today, which brought the UK's interest rate to 1%. They take a look at the Bank's forecasts, and explain why a recession is almost inevitable.
And in other news -- Shell and BP have announced bumper Q1 profits, and Elon Musk has lined up investors to help with his purchase of Twitter.

The City View is a new podcast from City A.M. - London's daily business and finance newspaper. City A.M. was launched 15 years ago under the strapline "business with personality" - and The City View podcast follows the same philosophy. Every day, City A.M. Editor Andy Silvester will open the podcast with a quick look at the headlines from the worlds of business, finance, economics and politics, before introducing his guest of the day. Guests will be industry leaders, economists, pundits, investors, journalists, politicians and senior figures from the City of London. Expect insight and analysis mixed with good conversation, humour and expertise as Andy and his guests attempt to make sense of the world in extraordinary times. 

The City View is a new podcast from City A.M. - London's daily business and finance newspaper. City A.M. was launched 15 years ago under the strapline "business with personality" - and The City View podcast follows the same philosophy. Every day, City A.M. Editor Andy Silvester will open the podcast with a quick look at the headlines from the worlds of business, finance, economics and politics, before introducing his guest of the day. Guests will be industry leaders, economists, pundits, investors, journalists, politicians and senior figures from the City of London. Expect insight and analysis mixed with good conversation, humour and expertise as Andy and his guests attempt to make sense of the world in extraordinary times.&nbsp;

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