Wednesday, February 10, 2010

More from the BoE

Bank of England forecasts 'gradual' recovery

Britain, which emerged from recession late last year, faces the prospect of a "gradual" economic recovery this year, the Bank of England said on Wednesday in its latest quarterly assessment of the economy.

Posted by mr g @ 12:19 PM (689 views)
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5 thoughts on “More from the BoE

  • vacuouspolitician says:

    Hey My G behave…you know “we don’t comment on Yahoo articles”

    Jar Jar Spoon Spoon

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  • Britain, which emerged from recession late last year, faces the prospect of a “drastic” economic slowdown this year, the Bank of England said on Wednesday in its latest quarterly assessment of the economy.
    The BoE predicted that year-on-year growth would head south to the tune of 23.5 percent by the end.
    “The world economy continued to recover, although global activity remained well below pre-crisis trends,” the Bank of England (BoE) said in the report. ” However the UK economy will buck this trend. The future looks bleak!”

    “After falling substantially, output in the United Kingdom stabilised in the second half of 2009 and a period of gradual stagnation followed by a ‘drop off a cliff’ will be forecast in the forseeable future.”

    Now all jokes aside. If things were ever this bad, would we ever see an article forcasting very bad news? I firmly believe the scale of news reporting goes something like this.

    Very Positive
    Moderately Positive
    Mildly Positive
    Neutral
    Mildly Negative
    Moderately Positive
    Very Positive.

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  • [email protected]

    I didn’t get a bad response to my post earlier today titled “Rob the thieving bankers! though!

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  • Incidentally, the censor has been at work again, this article’s full original title was “More Bull from the BOE”

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  • vacuouspolitician says:

    Yes. The censor has been working overtime on some of my posts which outlined the skullduggery of a certain ‘know-it-all’ poster who thinks he has the right to tell people what to say/think Whatever happened to freedom of speech?

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