Summary
THE economic recovery looks set to continue despite the "gale force winds" of tax rises and public spending cuts next year, Bank of England chief economist Spencer Dale said last night.
He told an audience at the University of Kent Business School that the pace of the recovery to date compares favourably with previous occasions when the economy bounced back and some encouragement can be taken from the composition of growth.See the full content of this document
Extract
Economist Cautiously Optimistic On Signs of Recovery
"The pick-up in private sector spending has helped offset a weaker net tr...
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