5 Things You Need To Know, Today, on Friday 8th February 2019
Justin Waite
5 Things You Need To Know
06:19, 8th February 2019

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5 Things You Need To Know, Today, on Friday 8th February 2019

5. Germany has slashed its 2019 growth forecast almost in half for their economy to 0.9% from 1.7%, pointing to growing headwinds for Europe's biggest economy.

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4. British employers cut the number of staff they hired through recruitment agencies last month for the first time since July 2016, providing mounting evidence of business caution ahead of Brexit.

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3. Asian stocks lost ground on today as investors worried about a broadening global economic slowdown, with sentiment not helped by the absence of any positive signs for a resolution in the U.S.-China trade row.

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2. The government's housing planning system is unable to demonstrate it is meeting housing demand effectively, the National Audit Office (NAO) has said.

The government wants 300,000 new homes a year from the mid-2020s onwards.

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1. The Bank of England expects growth this year to be the slowest since 2009 when the economy was in recession.

It is forecasting growth of 1.2% this year, down from its previous forecast of 1.7% made in November.

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