The economy made a poor start to 2008, with first-quarter growth of just 0.4%

AFP Thursday May 8, 05:17 PM
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A woman with an umbrella waits to cross the street outside the Bank of England in London in March 2008. The Bank of England has left its key interest rate unchanged at 5 percent, ruling out a back-to-back cut to help stimulate economic growth as inflation remains high amid surging oil prices. A woman with an umbrella waits to cross the street outside the Bank of England in London in March 2008. The Bank of England has left its key interest rate unchanged at 5 percent, ruling out a back-to-back cut to help stimulate economic growth as inflation remains high amid surging oil prices.

AFP