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UK PM spokesman says fundamentals of economy are strong

UK PM spokesman says fundamentals of economy are strong

News
Justin Low
27/04/2018 | 10:16 GMT

Comments by UK spokesman for Theresa May

  • GDP figures clearly disappointing
  • But economy fundamentals are strong
  • Economy has continued to grow after Brexit referendum

As highlighted before this, the annual growth rate this quarter at 1.2% was the lowest since Q2 2012. Snow or not, I can safely say that there is just no way the BOE will ever consider raising rates with growth figures like that.

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