British pound plummets as Bank of England warns of recession risk - CNBC

Bank of England policymakers warned that GDP growth is expected to slow sharply and inflation could peak at 10% this year.

The British pound on Thursday was set for its largest daily drop since the onset of the coronavirus pandemic, after the Bank of England warned of a sharp growth slowdown in the U.K. economy. Sterlin… [+2021 chars]

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