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UEFA Champions League round of 16 draw 2016/2017

Craig Burley and Mark Donaldson dissect the winners and losers of the UCL round of 16 draw. Arsenal have been drawn against Bayern Munich in the Champions League's round of 16, while Barcelona will take on Paris Saint-Germain. Defending champions Real Madrid will play Napoli and Manchester City face Ligue 1 side Monaco. Arsenal, who won their group this season for the first time since the 2011-12 campaign, will be aiming to reach the quarterfinals of the competition for the first time since 2009-10. The Gunners meet Bayern again after facing them in the group stage last year and being dumped out at the round-of-16 stage by the Germans in 2012-13 and 2013-14. PSG, meanwhile, won their first meeting against Barca in the quarterfinals of the 1994-95 competition, but the Catalan club won the quarterfinal meetings in 2012-13 and 2014-15. The two clubs also met in the group stage in 2014, when PSG won at the Parc des Princes and Barca won at the Camp Nou. PSG director of football

Bank of England back in Brexit spotlight after growth rethink

The Bank of England is feeling the heat again after its new, more upbeat picture for Britain's economy put an uncomfortable focus back on its warning last year about a quick and sharp Brexit vote hit to growth. Governor Mark Carney woke up on Friday to headlines in anti-European Union newspapers that accused him of leading the Bank into a U-turn. "More humble pie for Bank as economy keeps growing," the Daily Express said. The BoE surprised investors on Thursday when it hiked its forecast for growth this year to 2.0 percent. That was up from a call of 1.4 percent made just three months ago and represented a leap from its first post-referendum forecast of 0.8 percent. The new prediction was higher than all but one of 50 forecasts by private economists in a Reuters poll in January, raising some eyebrows in the City of London. The BoE also edged up its growth forecasts for the following two years. At the same time, Carney and his fellow policymakers lowered their forecast