King Backs Cameron Budget Plan as BOE Lowers Outlook: Economy – Bloomberg
 BBC News |
King Backs Cameron Budget Plan as BOE Lowers Outlook: Economy
Bloomberg Bank of England Governor Mervyn King signaled continued support for Prime Minister David Cameron's budget squeeze as he cut forecasts for economic growth and said Britain's recovery will be a “slow process.” “If you go back to 2010 when the rebalancing … Bank of England in no rush to act despite bleak economy Bank of England expects UK economy to return to weak growth later this year Bank of England sees stagnant UK economy |
