News

UK: Economic recovery to be slow - Bank chief

Most popular

How will Diageo change Cuban rum?

Why rye whisky is set to go global - Comment

Blockchain in drinks traceability and beyond

How DNA testing will shape the future of drinking

Interview - Treasury CEO Mike Clarke - Part II

MORE

The UK's economic recovery will be "slow and protracted", according to the chief of the Bank of England.

Bank governor Mervyn King warned in a press conference today (12 August) that the UK has a long way to go on the path to economic recovery.

The recession that has swept across the country in 2009  has been "deeper than [previously] thought", said King, adding that recovery will be "slow and protracted".

His comments came as official figures showed that claims for unemployment benefit in the UK are at their highest level for 12 years.

 


Related Content

What will be Diageo's priorities for the years ahead? - Analysis

What will be Diageo's priorities for the years ahead? - Analysis...

Will

Will "slow but steady" win the race for Pernod Ricard in the US? - Analysis...

Liqueurs set for slow global recovery - research

Liqueurs set for slow global recovery - research...

Macro challenges set to continue - PepsiCo CEO

Macro challenges set to continue - PepsiCo CEO...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?