Apologies for the delay in the full details, some gremlins round the back
- UK recovery is now well in progress and self sustaining
- UK has grown at or above its potential growth rate for 5 quarters
- However there are still substantial challenges and deep scars from the recession
- Wage growth appears to be picking up
- There is limited slack in the economy
Kristin Forbes with some hawkish comments at the Institute of Economic affairs. The full speech can be found here