Bank of England - Annual Report 2001

UK - The Bank of England's Annual Report for 2000/ 2001 was published on 20 June. The governor, Sir Edward George, believes that the steady progress made during the year can be continued. But acknowledges a downside in the shape of the slowdown in the US economy.

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Extract from the Governor's foreword.

The past year has seen further steady progress for the UK economy as a whole. By the first quarter

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