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Bank of England: U.K. economy to shrink by most since 1706

People standing at the look out toward the financial towers and bank offices of Canary Wharf from Greenwich Park in London on March 26, 2020 after the government ordered a lockdown to help stop the spread of the new coronavirus. British economic output is set to crash 14 percent this year owing to the coronavirus, the Bank of England said May 7, 2020 as it left its interest rate at 0.1 percent. (AFP / Ben STANSALL)

 

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