George Osborne will tonight insist that the Government was sticking to its economic plans, telling business leaders "now is not the time to lose our nerve". The Bank of England today predicted a "modest and sustained" recovery.
The Bank of England has raised hopes over the economy by predicting a "modest and sustained" recovery.
But outgoing Governor Sir Mervyn King warned that inflation will remain stubbornly high until at least the end of 2015.
The outgoing Governor of the Bank of England today delivered some good news for "the first time since the financial crisis began" in 2007.
The Squeeze could be the title of a horror B-movie but it describes a nasty phenomenon affecting every purse or wallet in the country.