Economics guru warns on UK recession

UK - The threat of inflation in the UK is greater than the Bank of England's Monetary Policy Committee thinks, according to one of its nine influential members.

The MPC's most recent forecast predicted that there was a one-in-10 chance of a recession in the UK.

"In broad terms, I still think that the probability of a recession in the UK is significantly less than 50%, but it's significantly higher than the projection here [in the MPC's recent inflation report]," Sushil Wadhwani told a

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: