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GDP growthTelegraph
•70% Informative
Bank of England upgraded its forecasts for the UK economy and cut interest rates for the first time in four years .
Inflation has fallen back to the Bank ’s 2pc target even as wages rise more quickly.
Bank now expects the economy to grow by 1.25pc this year , more than twice the 0.5pc predicted just three months ago .
The purchasing managers’ index shows UK businesses growing at a modest but stable pace.
Investors are also backing Britain : Bank of America’s tracker of fund managers shows increasing enthusiasm for UK assets.
All of this undermines attempts to justify what increasingly look like certain tax rises in the autumn.
VR Score
81
Informative language
88
Neutral language
13
Article tone
formal
Language
English
Language complexity
47
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
Affiliate links
no affiliate links