The BoE said that the recession-hit economy was set to shrink by 4-6 percent in the middle of 2009
By Shaun Curry
Tower cranes next to St Paul's Cathedral in central London, 2008. The Bank of England said that the recession-hit economy was set to shrink by 4-6 percent in the middle of 2009 from the level 12 months earlier, returning to growth in early 2010.
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