Wed, 16 Nov 2011 14:43:51 GMT
UK economy is stagnating
The Bank of England announced that UK economy might continue stagnation for at least half
a year more. The bank decreased its growth forecast for the next two years to
1%. The inflation in the UK is about 5%, the highest among EU countries.
However, analysts predict a sharp fall in UK inflation rate. Unemployment also
is rising as number of unemployed grew by