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A senior official reveals Bank of England’s EU exit project in an email

A senior official of the Bank of England inadvertently sent details of a confidential project on the United Kingdom (UK) leaving the European Union (EU) in an email to the Guardian. The email says a group of senior officials are

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Bank of England slashes growth forecast

THE Bank of England has slashed its forecast for growth this year in recession-affected Britain to close to zero per cent, saying the greatest threat to recovery comes from the eurozone crisis.  According to BoE’s latest quarterly report, Britain’s gross

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Bank of England Going Easy on its Quantitative Easing Scheme

Bank of England has decided to hold off from taking any further Quantitative Easing (QE) measures and has kept interest rates unchanged, maintaining it at the historic law of 0.5%. Through QE central banks increase the supply of money by

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