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Bank of England doubts rosy official UK growth data

Bank of England officials doubt UK growth data, citing concerns over false signals for interest rate decisions.

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Editorial Team
May 8, 2026
1 min read
Bank of England (BoE) officials are privately concerned that the data may be sending false signals that complicate the job of setting interest rates, according to people familiar with the matter. Figures next week are likely to paint a rosy picture for the UK economy in the first quarter.

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