BoE cuts growth forecast amid 'intensifying' Brexit uncertainty

Rates held

Tom Eckett
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Sterling dropped to a two-week low in early afternoon trading after the Bank of England said it had cut growth forecasts amid heightening Brexit uncertainty
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Sterling dropped to a two-week low in early afternoon trading after the Bank of England said it had cut growth forecasts amid heightening Brexit uncertainty

Sterling dropped to a two-week low in early afternoon trading after the Bank of England said it had cut growth forecasts amid heightening Brexit uncertainty.

The BoE's Monetary Policy Committee (MPC) voted unanimously to maintain rates at 0.75% in its February meeting, with just 50 days to go until the UK leaves the European Union, amid slowing UK activity...

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