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Bank of England cuts interest rates to 4.5% and slashes UK growth forecast
The UK may be entering a period of economic "stagflation", according to a former Bank of England rate-setter. Jonathan Haskel, who was on the Bank's Monetary Policy Committee until last summer ...
Bank of England cuts interest rate as it happened: Base rate falls to 4.5%; economic growth forecast also reduced
The Bank of England has halved its 2025 growth forecast and cut interest rates by a quarter-point to 4.5%. In a blow to UK ...