The BoE is also expected to keep its benchmark interest rate and its bond-buying programme unchanged, for now.
LONDON: Britain’s economy is heading for a much stronger recovery this year than expected and the Bank of England (BoE) might start to slow its pandemic emergency support.
The BoE forecast in February that the world’s fifth-biggest economy would grow by 5% in 2021, having slumped by 10% in 2020.
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