Bank of England halves growth forecast and cuts rates to 4.5%
Revised economic forecasts are blow to Labour but buoy stock market and gilts
![Bank of England halves growth forecast and cuts rates to 4.5%](https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F41eee49d-7457-419a-8c35-39110f8f3554.jpg?source=next-barrier-page)
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