BoE set to hike UK growth forecast on Covid recovery
It comes as the BoE is widely expected to leave its key interest rate at a record-low 0.1% and maintain its stimulus programme pumping vast sums around the economy.
Pedestrians walk past the Bank of England (L) and the Royal Exchange in the City of London on 31 July 2017. Picture: AFP.
22 days ago
LONDON - The Bank of England is set to hike its economic growth forecasts on Thursday as the UK gradually exits lockdown restrictions thanks to the country's rollout of Covid-19 vaccines.
It comes as the BoE is widely expected to leave its key interest rate at a record-low 0.1% and maintain its stimulus programme pumping vast sums around the economy.