BoE's Lambert warns on disappointing GDP

Bank of England Monetary Policy Committee member Richard Lambert warned in a newspaper interview on Thursday 29 September that UK GDP growth is likely to fall short of the central bank's best estimate and that consumer spending remains weak.

In the interview published by British daily, the Independent, Lambert also said that wage pressures were subdued and that inflation expectations were stable despite rocketing oil prices.

'I feel that the economy has been growing at below trend for three of