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Bank of England governor Mark Carney: The glass is half full

13 November 2013 Last updated at 13:12 GMT

Bank of England governor Mark Carney says the UK recovery has "taken hold" and unemployment will fall sooner than it had forecast.

The comments came in the Bank's latest quarterly inflation report, which raised the forecast for UK economic growth this year and next.

Mr Carney said low inflation, job creation and growth meant that you did not have to be an optimist to see the "glass is half full".