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Debt Defaults Due to Higher Interest Rates Could Harm Economy, Warns Bank of England

Source :
Business Matters. June 28, 2024
Publication Year :
2024

Abstract

The Bank of England has issued a warning that the UK economy could suffer if higher interest rates lead private equity-backed companies to default on their debts. In its latest [...]

Details

Language :
English
Database :
Gale General OneFile
Journal :
Business Matters
Publication Type :
Periodical
Accession number :
edsgcl.799324593