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Osborne warns of ‘choppy recovery’

George Osborne, the chancellor of the exchequer, agrees with the governor of the Bank of England that the UK economy faces a “choppy recovery”.

In a speech to Bloomberg Osborne says we must remain cautious and that inflation is proving more persistent than expected.

He adds: “I agree with Mervyn King when he said last week that we are likely to face a choppy recovery.

“To expect a smoother ride after the biggest economic crisis of our lifetimes, and with the debt problems this Government has inherited, would be asking too much.”

Osborne hit out at critics who say that by reducing the deficit so aggressively he is gambling with the economy.

He says to put off tackling the problems would wreck the British economy.


Rob Jupp has been good for the sector and he’ll rise again

How awful it was to read that Rob Jupp and the team at SLS have been placed into consultation. Having had the pleasure of working for Jupp between 2001 and 2009 in various roles at companies including The OFM Group, Personal Touch Packaging and SLS I can say he is a man of honesty and […]


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