central

The central bank trimmed rates twice since September as a “risk management” move to prevent a sharper rise in unemployment.

In its quarterly report Wednesday, the central bank said it expects gross domestic product to expand 0.3% this year, less than its previous estimate of 0.6%.

However as Reeves addressed the nation, farmers took to the streets in central London, protesting changes to inheritance tax rules announced in last year's budget.

International central banks are charting a move away from the dollar, but because there is no single alternative for the U.S. currency, they plan to buy up euros, China’s yuan, and more gold.

It didn’t have central air conditioning, and it was heated by an old-fashioned boiler.