EY Item Club and Andrew Haldane

Andrew Haldane: Growth will also be constrained by worries about the eurozone and the Ukraine conflict, EY Item Club says. , according to BBC. Last week, the Bank s chief economist, Andrew Haldane, said he was downbeat over the UK economy because of weaker global growth, low wage growth and financial and political risks. It says the forthcoming election and accompanying political uncertainty will hold business back from investing. The 2.4% figure is well below forecasts issued by the Bank of England, the CBI and the International Monetary Fund. (news.financializer.com). As reported in the news.