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Re: PM Boris forms a government
Quote:
Originally Posted by pip08456
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Quote:
Governor Mark Carney told the Treasury select committee that the Bank now believes GDP will fall by 5.5% in the worst-case scenario following a no-deal Brexit - less than the 8% contraction it predicted last November.
The Bank's revised assessment also says unemployment could increase by 7% and inflation may peak at 5.25% if the UK leaves the European Union without a deal.
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Good news!!!
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