CORONAVIRUS

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The UK economy is expected to rebound by 7.25 percent this year thanks to "the slightly earlier easing of restrictions" amid vaccine rollouts, the central bank said as it upgraded its prior guidance of a 5.0-percent expansion.

BoE Sees Stronger UK Growth Recovery In 2021

The Bank of England said Thursday that the U.K> economy will enjoy a stronger-than-expected recovery in 2021 after the government began easing its coronavirus pandemic lockdowns quicker than anticipated.

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