Worst economic prediction for a generation - as UK heads for recession. Bank of England Governor Andrew Bailey today denied claims he had failed in his job and had been 'asleep at the wheel' as Britain careers towards a year-plus recession as he faced a backlash after admitting inflation will pass 13 - 11 per cent above his own target. #UK #Channel4News #MailOnLine

"Don't blame me for recession! Bank of England governor hits back at claims he was 'asleep at the wheel' as runaway 13% inflation threatens the living standards of hard-pressed Britons battling rising energy, food, fuel and mortgage hikes." Read more.