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UK recovery 'only just starting'
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Nov 12, 2009, 3:49:56 AM11/12/09
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UK recovery 'only just starting'
Wednesday, 11 November 2009 - The BBC NEWS
"The UK economy has only just begun its recovery", says Mervyn King
The UK economy has "only just started" along its road to economic
recovery, according to Bank of England governor Mervyn King.
In its latest inflation report, the Bank indicated it would be late
2011 before the UK economy recovered to the level it was at before the
recession.
Mr King also warned inflation may "rise sharply over the next few
months".
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