Page last updated at 12:53 GMT, Tuesday, 15 September 2009 13:53 UK

UK recovery likely to be 'a weak one'

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Sir Howard Davies is the former deputy governor of the Bank of England.

He told the BBC's Lucy Hockings that if there is a recovery, it is likely to be a weak one. This would be a result of tax increases and public expenditure cuts, as well as households and businesses cutting debt.

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