NIESR: With bank rate at 5% UK growth to be anaemic at best

<p>NIESR forecasts a stagnation in UK’s GDP growth in Q2, suggesting that the trend of low economic growth will continue for the foreseeable future. Paula Bejarano Carbo, an Associate Economist at NIESR, pointed out the influence of the current high Bank Rate, stating, “With the Bank Rate now at 5 per cent, suppressing demand, UK […]</p>
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