The Bank of England has cut its 2017 growth forecast for the UK, warning the country is likely to see inflation outpace wage growth.
Governor Mark Carney announced the economic forecast has been trimmed to 1.9 per cent growth, down from the 2 per cent forecast made in February. From London, Catherine Drew reports.
IN: "The pound…"
OUT: SOC
DUR: 43 secs
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