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How the Latest Growth Forecast May Affect Your Business

Posted by on August 9, 2012 at 4:37 pm

The Bank of England has cut its growth forecast to close to zero from about 0.8% predicted in May. And this leads to the intensification of the as the double-dip recession. The quarterly inflation report of the Bank of England has indicated no growth for 2012, compared with 2% predicted a year ago.