Recovery in sight: Bank governor

AOL Money Staff




Bank of England
Bank of England

Bank of England governor Sir Mervyn King insisted a "recovery is in sight" but warned the path ahead for the UK economy will not be smooth.


Presenting the Bank's quarterly inflation report, Sir Mervyn said there was cause for optimism despite the worse than expected contraction in GDP in the fourth quarter of 2012.
%VIRTUAL-SkimlinksPromo%