Will we avoid recession in 2024?

The big economic news of the week was that the Bank of England has held interest rates at 5.25 per cent for the third consecutive time. This was the expected outcome of the Monetary Policy Committee’s latest vote, but it wasn’t unanimous. There were six MPC votes to hold rates but three to raise it to 5.5 per cent. Should we expect a rate cut any time soon? 

James Heale speaks to Katy Balls and Kate Andrews. 

Produced by Oscar Edmondson.