Bank of England Heads Back Budget Forecasts [Edition 3]

Summary


BANK OF ENGLAND economist Andrew Sentance today said that the UK economy is on track to recover before the end of the year and to rebound strongly in 2010.

Sentance, a member of the monetary policy committee, suggested the outlook published by the Bank in February will be repeated in the next report in May.

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Extract


Bank of England Heads Back Budget Forecasts [Edition 3]

Such a move will be welcomed in the City following sharp downgrades to earlier predictions on Threadneedl...

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