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In the News
12 November 1997
The Bank of England's Inflation Report includes forecasts for real GDP growth for the first time. Annual growth is expected to peak at 4% in the second half of 1997, falling to a below-trend 1.5% by the end of 1998 but to return to trend later in 1999. Barclays Bank reaches an agreement with the Swiss-American investment bank Credit Suisse First Boston over the sale of part of its BZW investment banking arm in a deal worth £ 1 00 million.
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