Ref No97773
Alt Ref No97773
Artist or CreatorSteve Bell
Title or CaptionMystic Merv Predicts
Extent1 item
Published byThe Guardian
Date09 Aug 2012
Embedded text or transcriptThe 110% solution will get our economy going!
Person DepictedKing; Mervyn A. (1948-)
Osborne; George (1971-)
Implied textFat cats of capitalism
NotesNews: "The Bank of England's governor Sir Mervyn King yesterday hinted at further action to boost the ailing UK economy after the Bank slashed its 2012 growth forecast to zero and said inflation was under control.... Against a backdrop of a worsening crisis in the eurozone and tighter lending conditions imposed by UK banks, the Bank's quarterly inflation report cut its growth forecast for 2012 from the 1.25% pencilled in three months ago and believes the bounce-back next year will be weaker than previously anticipated. ... Chancellor George Osborne said the government had an opportunity to give "110% attention and effort and energy to getting the economy moving." He said: "I think the governor is right on the big picture, which is the economy is healing, but it is a slow and difficult process and we're dealing with some very deep-rooted problems at home and some storms from abroad." .... " Larry Elliott, Simon Goodley The Guardian
Subjectscrystal balls
Bank of England
Chancellor of the Exchequer
economic recovery
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Show related Persons records.

GB/BCA/2355King; Mervyn A. (1948-)1948-   
GB/BCA/8134Osborne; George (1971-)1971-  
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