The Bank of England on Thursday halved its forecast for UK economic growth this year, blaming global risks amid US tariff threats and deteriorating business confidence in the UK. The sharp downgrade, which estimates gross domestic product at 0.75 percent in 2025 compared with a forecast of 1.5 percent in November, came alongside a BoE [...]The post Bank of England slashes UK growth outlook amid Trump tariff threat appeared first on The Guardian Nigeria News - Nigeria and World News.
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