Growth forecast shows ‘pain is set to continue’

Commenting on the announcement by the Bank of England today (Wednesday), that the UK economy will not grow as quickly as previously thought this year and may not fully recover for three years, TUC General Secretary Brendan Barber said: “This recovery is already the slowest on record, and the Bank's assessment that it may take another three years for us just to recover lost ground shows that the pain is set to continue to for some time.