Thursday 09, August 2012 by Isla MacFarlane
Bank of England wrong to slash growth rates, says European body
The Bank of England has just issued a forecast predicting zero growth this year – down from a prediction of 0.7 per cent GDP growth three months ago; but the bank continues to downplay the UK economy because it is basing it on the wrong measure, according to the Federation of European Employers (FedEE)
