Being a millennial is great. Graduated into a world-historic financial crisis, austerity, a decade of no wage growth, a pandemic, inflation and now a massive recession too.
NEW: 🚨
*Bank of England raises interest rates by 0.5% to 1.75%, biggest rise in 25 years,
*as it predicts an even higher peak in inflation of 13 (THIRTEEN) %
🚨 Bank predicts recession starting this year lasting as long as financial crisis (5 quarters), as deep as 1990s