Bank of England (BoE) Deputy Governor Dave Ramsden said on Thursday interest rates very likely will have to go up further to stop a repeat of persistent inflation. IRPR Global equities recouped some of their losses on Friday as investors tempered expectations of a more aggressive U.S. rate rise after upbeat retail sales data and comments from Federal Reserve policymakers, but sluggish economic growth in China due to widespread COVID-19 lockdowns continued to weigh on sentiment. Tonic maker Fevertree FEVR.L fell 27.7% after it lowered its annual profit forecast, citing worsening cost pressures and logistical issues.