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BOE Cuts UK Outlook and Sees Risk of Persistent Low Growth
Bloomberg The Bank of England said the U.K. economy may shrink in the current quarter as it cut its outlook and said growth may be “weaker for longer” due to a bigger impact from the financial crisis. “The weaker gross domestic product profile reflects the judgment that … Bank lowers UK growth forecast Bank of England cuts UK growth forecast for 2013 Unemployment figures and Bank of England growth forecast: Politics live blog |