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UK Faces Up to a Recession in All But Name as Living Costs Surge

  • Economic problems mount up for Government and Bank of England
  • Evidence of strain set to emerge in economic data this week
UK inflation is set to peak in double digits in October.

UK inflation is set to peak in double digits in October.

Photographer: Hollie Adams/Bloomberg

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The history books may not judge it as such, but the UK is sliding into a recession in all but name in 2022.