Boe Gloomy On Outlook
May 15th, 2008 | By admin | Category: BusinessThe British economy could shrink for a quarter or two and inflation may near 4 per cent this year, the Bank of England said on Wednesday in its bleakest forecasts since the Labour government took power in 1997.
Economists said the expected spike in inflation even further above the central bank’s 2 per cent target meant [...]
