BOE eyes rate cut as UK economy stalls
The latest GDP and manufacturing figures are dismal as Brexit uncertainties had a big knock on consumer and business spending
London — The UK economy has stalled, official data showed Monday, as Brexit and political uncertainty contributed to slashing manufacturing output, heaping pressure on the Bank of England (BoE) to cut interest rates.
GDP contracted 0.3% in November, the Office for National Statistics said in a statement, growing only 0.1% in the three months to the end of November...
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