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Carney says UK recovery now rooted

With unemployment down from 7.8% to 7.6%, with growth predictions for this year now 1.6%, up from 1.4% , and for next year pointing to 2.8%, rather than the 2.5% predicted only in August, Mark Carney,...

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Major score for Chancellor in appointment of next Governor of Bank of England

Chancellor George Osborne has managed to make the unimpressive Bank of England interesting and promising of a brighter strategic direction than we have seen under the stolid Mervyn King.Osborne has...

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