WHEN it was announced on BBC Radio 4 recently that the Governor of the Bank of England, Sir Mervyn King, would be speaking about the economy, I braced myself for some unwelcome news, but was pleasantly surprised with what he had to say.
He spoke of a slow and steady improvement, but added that our economy is still not back to health.
A particular concern was the eurozone and how things might develop.
In the troubled decade that was the 1970s, every piece of good news was met with the expression “and boy, do we need it now?”
I think the same applies today.
LD Wilson, Guisborough.
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