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MSE News:Sterling and FTSE down on gloomy Bank of England report

Former_MSE_Guy
Posts: 1,650 Forumite



This is the discussion thread for the following MSE News Story:
"Bank of England governor Mervyn King warned of "a choppy recovery" for the UK economy today as he braced households for slower growth and stickier than expected inflation ..."
"Bank of England governor Mervyn King warned of "a choppy recovery" for the UK economy today as he braced households for slower growth and stickier than expected inflation ..."
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Comments
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lol - what's this doing in the "Flights, Currency & Car Hire" board? Surely it should be in the "Debate House Prices and the Economy" (as it involves the economy) or "Savings and Investments" (as it affects investment outlook).
Presumably it's because it indirectly hit sterling? Bit of a weak link though.0 -
lol - what's this doing in the "Flights, Currency & Car Hire" board?
Get out now, before it's too late?There is a pleasure in the pathless woods, There is a rapture on the lonely shore, There is society, where none intrudes, By the deep sea, and music in its roar: I love not man the less, but Nature more...0 -
lol - what's this doing in the "Flights, Currency & Car Hire" board? Surely it should be in the "Debate House Prices and the Economy" (as it involves the economy) or "Savings and Investments" (as it affects investment outlook).
Presumably it's because it indirectly hit sterling? Bit of a weak link though.Certain OTT members have caused me to add this disclaimer: all advice given is free of charge & as such should be taken to be IIRC (as I don't spend hours researching all answers :eek: )!0 -
"A choppy recovery." There's no recovery.
...only inflation.0 -
Was down against the euro when first posted though.
Wasn't there something about Germany having to take their bank bailouts onto the books this afternoon (dunno if we'll eventually get the same with Lloyds, RBS, and the dead bits of NR and B&B).0
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