{"id":51397,"date":"2023-10-20T15:45:13","date_gmt":"2023-10-20T15:45:13","guid":{"rendered":"https:\/\/positivelysharing.org\/blog\/?p=51397"},"modified":"2023-10-20T15:59:15","modified_gmt":"2023-10-20T15:59:15","slug":"ukdrop-in-retail-sales-and-public-borrowing-show-double-edged-impact-of-interest-rate-hikes","status":"publish","type":"post","link":"https:\/\/positivelysharing.org\/blog\/2023\/10\/20\/ukdrop-in-retail-sales-and-public-borrowing-show-double-edged-impact-of-interest-rate-hikes\/","title":{"rendered":"UK:Drop in retail sales and public borrowing show double-edged impact of interest rate hikes"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span><p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-50020\" src=\"https:\/\/positivelysharing.org\/blog\/wp-content\/uploads\/2023\/09\/NatWest-300x203.jpeg\" alt=\"\" width=\"300\" height=\"203\" srcset=\"https:\/\/positivelysharing.org\/blog\/wp-content\/uploads\/2023\/09\/NatWest-300x203.jpeg 300w, https:\/\/positivelysharing.org\/blog\/wp-content\/uploads\/2023\/09\/NatWest.jpeg 345w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/p>\n<p><span class=\"dropcap-element-slot\">A <\/span>drop in\u00a0<a href=\"https:\/\/www.standard.co.uk\/topic\/retail-sales\" target=\"_blank\" rel=\"noopener noreferrer\" data-t=\"{&quot;n&quot;:&quot;destination&quot;,&quot;t&quot;:13,&quot;b&quot;:1,&quot;c.t&quot;:7}\">retail sales<\/a>\u00a0and an unexpected fall in\u00a0<a href=\"https:\/\/www.standard.co.uk\/topic\/government\" target=\"_blank\" rel=\"noopener noreferrer\" data-t=\"{&quot;n&quot;:&quot;destination&quot;,&quot;t&quot;:13,&quot;b&quot;:1,&quot;c.t&quot;:7}\">government\u00a0<\/a><a href=\"https:\/\/www.standard.co.uk\/topic\/borrowing\" target=\"_blank\" rel=\"noopener noreferrer\" data-t=\"{&quot;n&quot;:&quot;destination&quot;,&quot;t&quot;:13,&quot;b&quot;:1,&quot;c.t&quot;:7}\">borrowing<\/a>\u00a0highlighted the double-edged impact of the\u00a0<a href=\"https:\/\/www.standard.co.uk\/topic\/bank-of-england\" target=\"_blank\" rel=\"noopener noreferrer\" data-t=\"{&quot;n&quot;:&quot;destination&quot;,&quot;t&quot;:13,&quot;b&quot;:1,&quot;c.t&quot;:7}\">Bank of England<\/a>\u2019s fight against\u00a0<a href=\"https:\/\/www.standard.co.uk\/topic\/inflation\" target=\"_blank\" rel=\"noopener noreferrer\" data-t=\"{&quot;n&quot;:&quot;destination&quot;,&quot;t&quot;:13,&quot;b&quot;:1,&quot;c.t&quot;:7}\">inflation<\/a> today. <a href=\"https:\/\/www.msn.com\/en-gb\/money\/other\/drop-in-retail-sales-and-public-borrowing-show-double-edged-impact-of-interest-rate-hikes\/ar-AA1iysuz\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span>A drop in\u00a0retail sales\u00a0and an unexpected fall in\u00a0government\u00a0borrowing\u00a0highlighted the double-edged impact of the\u00a0Bank of England\u2019s fight against\u00a0inflation today. Read More<\/p>\n","protected":false},"author":1,"featured_media":49629,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[200],"tags":[],"class_list":{"0":"post-51397","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-cost-of-living-crisis"},"jetpack_featured_media_url":"https:\/\/positivelysharing.org\/blog\/wp-content\/uploads\/2023\/09\/Primark.jpeg","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/posts\/51397","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/comments?post=51397"}],"version-history":[{"count":2,"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/posts\/51397\/revisions"}],"predecessor-version":[{"id":51402,"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/posts\/51397\/revisions\/51402"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/media\/49629"}],"wp:attachment":[{"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/media?parent=51397"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/categories?post=51397"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/positivelysharing.org\/blog\/wp-json\/wp\/v2\/tags?post=51397"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}