UK economy faces 'choppy' recovery, says Bank of England
The governor of the Bank of England has warned that the UK economy faces a "choppy recovery" over the next two years.
Mervyn King made his prediction as the Bank lowered its economic growth forecast and warned that inflation would stay high for longer than previously thought. The Bank now expects the economy will grow by less than 3% in 2011, instead of its previous forecast of 3.5%.
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http://www.bbc.co.uk/news/business-10934302
