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VIDEO: Bank of England: 'Recovery in sight'

The UK economy has "cause for optimism", the governor of the Bank of England says, but warns that inflation will remain above target for two years.

The UK economy has "cause for optimism", the governor of the Bank of England says, but warns that inflation will remain above target for two years.

Bank of England's Sir Mervyn King says the UK economy will see a "slow but steady recovery".

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