Spencer Sees BOE Rates `Pinned to the Floor' in 2010

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Jan. 18 (Bloomberg) -- Peter Spencer, chief economic adviser to Ernst & Young LLC's Item Club, talks with Bloomberg's David Tweed about the outlook for the U.K. economy. The Item Club, which uses the same forecasting model as the Treasury, expects gross domestic product will increase 1 percent in 2010. (Source: Bloomberg)

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