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Bank raises growth forecast

The Bank of England upgraded its growth forecast for 2013 from 1.4% to 1.6% today and announced "the recovery has finally taken hold". The moves comes after government figures showed unemployment had fallen by 48,000.

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Poll shows public split over impact of interest rates rise

The British public is split over whether a rise in interest rates would have an impact on their personal financial situation.

Of those questioned for the latest ITV News Index carried out by ComRes, 30% felt it would have a positive impact, compared to 31% who said it would be negative:

  • Very positive -7%
  • Fairly positive - 23%
  • No impact - 27%
  • Fairly negative - 20%
  • Very negative - 11%
  • Don't know - 12%

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