Warning UK economy will 'fall off a cliff' if BoE raises interest rates by 0.5%-1%

Warning UK economy will 'fall off a cliff' if BoE raises interest rates by 0.5%-1%

Richard Hallett, manager of the £199m Marlborough UK Multi-Cap Growth fund, has said he is “worried” about the UK, pointing to Brexit uncertainty, weak consumer confidence and rising debt levels due to the low interest rate environment.