~RS~q~RS~~RS~z~RS~03~RS~)
Bank cuts growth forecast to zero
The Bank of England has cut its forecast for the UK economy this year.
In May, it had predicted growth of around 0.8% for 2012 - but it has now reduced that to almost zero.
The Bank's governor, Sir Mervyn King, also said that the future was unpredictable while "storm clouds from the eurozone" continued to roll in.
Stephanie Flanders reports.
Read More
Most watched/listened
-
Drunk woman, 25, 'froze to death'
-
Hospital where royal baby will be born revealed
-
'We've received no food or tents'
-
Dolce and Gabbana sentenced to jail
-
Sopranos actor James Gandolfini dies
-
Sopranos actor James Gandolfini dies
-
One-minute World News
-
G8: Obamas arrive on Air Force One
-
The global middle class revolution
-
Zoo breeds world's first Liliger
-
China consumers boosting economy
-
Obama renews nuclear cuts pledge
-
Obama visits Brandenburg Gate
-
Police 'hold too many mentally ill'
-
Violent protests mar Brazil match
