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Bank of England warns unemployment will rise 'materially', and leaves rates on hold - business live

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High online spending has helped to cushion the shock of the Covid-19 slump, the Bank adds: The recovery in UK output has been somewhat more rapid than was assumed in the MPC’s illustrative scenario in the

 

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sallycopper Yeahbut COVID! 🤦‍♂️

Doom mongers and The Guardian will pleased 🙄.

bad news for savers yet again😡👆

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