THE BANK of England (BoE) on yesterday trimmed its forecast for British growth, citing economic strains in the neighbouring eurozone. With the BoE predicting also lower inflation despite long-awaited wages growth, analysts said the bank was unlikely to raise its record-low interest rate of 0.5 percent until late 2015. “A spectre is haunting Europe – the spectre of economic stagnation, with growth disappointing again and confidence falling back,” BoE governor Mark Carney told a press conference after the bank released its latest quarterly forecasts. – Sapa-AFP