"Our reports that we get from around the country... it's a patchy picture, but there are indeed signs of a recovery coming," said the governor of the Bank of England on BBC Radio 4's Today this morning. "So I think a reasonable view would be that we would start to see steady, slow recovery coming during the course of the year." The governor was responding to a radio lecture given last night in which he claimed the Bank "tried, but should have tried harder" to persuade everyone of the need to recapitalise the banks. In the speech he made a veiled attack on Labour and the FSA, revealing that he had pushed for a major ... (full story)