Mervyn King doubts sustainability of UK recovery

Former Governor of the Bank of England Lord King explains why he has concerns over the sustainability of the UK economic recovery.

Mervyn King doubts sustainability of UK recovery

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Lord King explains why he thinks the UK economic recovery is now well and truly in place and set to remain in place for the next few quarters at least.
 
But how sustainable it is after that is where his doubts set in especially if sterling continues to strengthen as it has over the past year or more. 
 
He also outlines his concerns over the wider European economic which, as the UK’s largest trading partner, we have a huge dependency on and questions where its economic pick-up is going to start from.
 
CLICK HERE for the full interview with Gary Corcoran at PA Congress UK 2014.

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