Britain's Osborne turns to Bank of England to help growth

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[URL="http://l1.yimg.com/bt/api/res/1.2/HiOhXhtCAYY1vcHgefiguw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-03-20T120053Z_1_CBRE92J0XDJ00_RTROPTP_2_BRITAIN-BUDGET.JPG"] [/URL]LONDON (Reuters) - British finance minister George Osborne called on Wednesday for the Bank of England to do more to help spur the country's stagnant economy as he announced another cut to growth forecasts for this year and 2014. Osborne said the central bank's inflation target would remain at 2 percent a year - but that that was not enough. "As we've seen over the last five years, low and stable inflation is a necessary but not sufficient condition for prosperity," he told parliament as he announced his annual budget. ...




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