Bank of England governor Sir Mervyn King
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Sir Mervyn King: UK recovery 'will be arduous'

Bank of England governor Sir Mervyn King has said the path to economic recovery in the UK will be long, arduous and uneven.

However, in a speech to business people in Brighton, Sir Mervyn added there ''is no reason to despair''.

He said the right policies would result in the UK and world economies making a recovery.

  • 24 Jan 2012
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