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Bank of England to cut UK growth rate again

August 8, 2011

The Bank of England is this week set to slash its forecasts for the UK economy
once more and signal that interest rates are going nowhere in an attempt to
safeguard the fragile recovery in the wake of the continued shock to global
markets following America’s credit downgrade.

Source:
http://www.telegraph.co.uk/finance/economics/8686263/Bank-of-England-to-cut-UK-growth-rate-again.html

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