Bank of England to cut growth forecasts

The Bank of England is on course to slash its growth forecasts as the double-dip recession deepens and the Eurozone storm closes in.

Bank of England to cut growth forecasts
Wed, 08 Aug, 2012 - 08:19

The Bank of England is on course to slash its growth forecasts as the double-dip recession deepens and the Eurozone storm closes in.

Governor Sir Mervyn King is expected to indicate no growth for 2012 later in his quarterly inflation report.

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