We face biggest slump since Depression, warns Bank chief as he stamps on recovery hop

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We face biggest slump since Depression, warns Bank chief as he stamps on recovery hop

14th May 2009, 00:50:AM

Hopes for ‘green shoots’ were dashed by Governor Mervyn King, who forecast economic output will slump by between 4 and 4.5 per cent in 2009.

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Tags: bank, depression, economic

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We face biggest slump since Depression, warns Bank chief as he stamps on recovery hop

We face biggest slump since Depression, warns Bank chief as he stamps on recovery hop

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