King Tells Unions U.K. `Credible' Deficit Plan Is Necessary

King Tells Unions U.K. `Credible' Deficit Plan Is Necessary BOE Governor Mervyn King predicted last week that inflation will slow below the 2 percent target next year as the government’s budget squeeze constrains growth. Photographer: Simon Dawson/Bloomberg
Play VideoSept. 13 (Bloomberg) -- Brendan Barber, general secretary of the U.K.'s Trades Union Congress, talks about