Difficult times not yet over for UK – Chancellor Osborne warns

FXStreet (Mumbai) - While making a speech in Cardiff over the last hours, the UK Chancellor George Osborne noted that the British economy still faces downside risks.

Key Quotes:

Difficult times not yet over for UK

Must be ready for "whatever world throws at us"

BOE MPC is independent, not right for govt to pressure

Any rate decision purely for BOE MPC

If and when rates rise, sign economy normalising