He could have said before the election.

[BrilloPad]

Bank of England says UK economy to grow by 2.5% in 2015 - BBC News

The Bank of England has cut its 2015 growth forecast from 2.9% to 2.5%, and for next year from 2.9% to 2.6%, as governor Mark Carney unveiled his quarterly inflation report.

I demand a re-vote!

[TheFaQQer]

But the Bank of England are independent - that was an Ed Balls idea.

[original PM]

but there is still growth?


which is a good thing?

surely?

[lilelvis2000]

Growth? where?
wage growth is minimal. productivity is flat.

Are they counting house price increases or just the increasing price of petrol.

[BrilloPad]

Growth? where?
wage growth is minimal. productivity is flat.

Are they counting house price increases or just the increasing price of petrol.

House prices and immigration are the only things increasing GDP.

[Troll]

Curious timing for the BoE Carey saying migrants are dragging UK wages down

[lilelvis2000]

Curious timing for the BoE Carey saying migrants are dragging UK wages down

Yup..UK economy highly dependant on cheap labour as productivity investment is nil. Need to make more widgets for same wage bill...hire someone cheaper.

[PurpleGorilla]

Growth? where?
wage growth is minimal. productivity is flat.

Are they counting house price increases or just the increasing price of petrol.

Lol so true, so true :-)