BOE’s Sentance: Lots of data suggests UK economy growing in second half of 2009

BOE MPC voter Sentance is on the wires with some upbeat comments on the UK economy. He says he sees growth in the second half of the year and says he is” not sure it is clear that the UK is in recession”. How very British. I think that means the UK is out of recession.

Cable is consolidating gains at 1.6715.