Bank of England cuts growth forecast # 02.08.2019 # DW Business | Business| Economy and finance news from a German perspective | DW | 02.08.2019
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Bank of England cuts growth forecast # 02.08.2019 # DW Business

The central bank expects the UK economy to have grown by 1.3% by the end of 2019, assuming a Brexit deal is reached. However, Berenberg Bank's chief economist Holger Schmieding thinks an agreement between the UK and EU is unlikely by then.

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