Bank of England slashes GDP outlook, holds interest rates and warns of job losses, as Labour's growth mission stalls

Labour's stuttering growth ambitions suffered a fresh blow yesterday as the Bank of England slashed its UK GDP forecast and warned of rising job losses.

  Economy   Feb 6, 2026   0   26  Add to Reading List
Bank of England slashes GDP outlook, holds interest rates and warns of job losses, as Labour's growth mission stalls
Labour's stuttering growth ambitions suffered a fresh blow yesterday as the Bank of England slashed its UK GDP forecast and warned of rising job losses.
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