People sit at outside restaurant area, as the coronavirus disease (COVID-19) restrictions ease, at Covent Garden in London, Britain April 12, 2021. REUTERS/Henry Nicholls/File Photo
The Bank of England said on Thursday it would slow the pace of its bond-buying as it sharply increased its forecast for Britain’s economic growth this year after its coronavirus slump.
The BoE kept its benchmark interest rate at an all-time low of 0.1% and the size of its bond-buying programme unchanged at 895 billion pounds ($1.24 trillion), as expected by economists polled by Reuters.
But the central bank said…
