U.K. Economy on Slow Path to Recovery
LONDON—The U.K. economy is on a slow and gradual path to recovery, guided by the right mix of budget and monetary policies, the Bank of England said Wednesday in its latest assessment of the U.K.'s prospects.
By Jason Douglas.
My Explanation:
The Government of England, Mervyn King, thinks that the process of England carrying on is getting slower and slower. By this he means that the industiralisation is slow and the modern facilities are slow. So basically he mean that what ever is happening in THE United Kingdom it's all going how it not supposed to be.Mervyn King exclaimed that "We are steering a course through choppy waters and many people are experiencing difficult times," Mr. King said. "Moving to a world of steady growth, inflation close to our 2% target and a more normal level of interest rates will take time."
All the process which normally goes in the country has basicaly slowed its speed! and Mervyn King wants to stop and carry on the the pace which was before.
Questions:
LONDON—The U.K. economy is on a slow and gradual path to recovery, guided by the right mix of budget and monetary policies, the Bank of England said Wednesday in its latest assessment of the U.K.'s prospects.
By Jason Douglas.
My Explanation:
The Government of England, Mervyn King, thinks that the process of England carrying on is getting slower and slower. By this he means that the industiralisation is slow and the modern facilities are slow. So basically he mean that what ever is happening in THE United Kingdom it's all going how it not supposed to be.Mervyn King exclaimed that "We are steering a course through choppy waters and many people are experiencing difficult times," Mr. King said. "Moving to a world of steady growth, inflation close to our 2% target and a more normal level of interest rates will take time."
All the process which normally goes in the country has basicaly slowed its speed! and Mervyn King wants to stop and carry on the the pace which was before.
Questions:
- Why do you think that the process of the managemant or the work in Britain has stopped?
- Do you think its environmently?
- Do you think there are alot of unemployed people and there is no one who could work (properly)?
- http://online.wsj.com/article/SB10001424052970204880404577224563443333788.html?mod=WSJ_World_MIDDLENewsOr do you have another thought to this article?
The government said that its recovering but slowly.
ReplyDeleteI asked the question because I thought that it might help with our understandings, e.g of an answer, the process is slowing down because of Global Warming.
Do you get it now!
What is the reason behind the economy of U.K falling?
ReplyDeleteWell the process of U.K is slçowing down, so basicaly the industrialisation and so on!
DeleteKisa,
ReplyDeletelovely article.
Question= do you think that Belgium is the same