The Bank of England Reports on The UK Economic Outlook

This Inflation Report from the Bank of England provides the outlook for the UK economy going forward. It is a lengthy report but the summary is useful for those who want the big picture. The bank believes that inflation will move to its target rate of 2%, but that growth will be slow due to declining real household income. The risk to the UK economy from problems in the eurozone are substantial but the bank is unable to quantify the level of risk.