Economic growth in question - papers 25 August

This follows warnings from the British Chambers of Commerce and the Bank of England that growth is suffering the effects of increasing energy prices, especially oil. The CBI’s new forecasts are for growth in 2005 to come in at 1.9% - well off the government’s own forecast of 3-3.5% - and 2.2% in 2006 - although that figure could be lower if oil prices continue rising, the organisation warns. If you have any comments you would like to add to this story or would like to speak to its author about a similar subject, telephone Matthew West on 020 7484 9893 or email matthew.west@incisivemed...