Britain's economy faces a bumpy road to recovery littered with risks and the Bank of England will be guided by the evidence when deciding whether to sanction another round of money creation, its top policymakers said on Wednesday. In a parliament hearing, Britain's rate-setters stressed the threat to recovery from the euro debt crisis and a lack of bank lending, though governor Mervyn King again rejected calls for the BoE to be more active in boosting credit to smaller firms. They reiterated the central bank's prediction that the economy should pick-up this year after a tricky start with falling inflation helping to ... (full story)