Economy Video: British economy halted Add to ... Reuters Published Thursday, Aug. 09 2012, 6:55 AM EDT Last updated Thursday, Aug. 09 2012, 6:55 AM EDT he Bank of England's governor, Mervyn King, says Britain's economy won't grow this year - down sharply from forecasts just three months ago Watch More Video: Video: Losing the Signal: The spectacular rise and fall of BlackBerry TVs, phones fuel Best Buy results Takata struggles to replace defective air bag inflators Vancouver facing labour shortage because of housing prices Why retailers are skipping millennials for centennials Etsy's identity crisis weighs on share price Bull vs. Bear: Should Canada set up infrastructure banks? China is building the world's second-tallest building. Is that a bad economic sign? Big banks plead guilty to felony anti-trust violations Target's U.S. turnaround gains traction Canada's debt concerns are overblown: Fraser Institute Market Call Tonight: Top picks from Davis Rea’s Zachary Curry Bull vs. Bear: Should Canada set up infrastructure banks? Mapping out the future for mortgage rates Debating Goldman's forecast that oil will be at $45 by October Talking Management Video: Why alliances are ruling the business world U.K. deflation for first time in 55 years Luxury brands battle Alibaba over fakes Market Call Tonight: Top picks from Morguard’s Derek Warren Why subprime lending isn’t a major danger to Canada’s housing market Comments AA More Related to this Story Banking Video: Carney sticking with his Bank of Canada post Market View Video: Market View: McDonald's sees growth in emerging markets Investor Roundtable Video: Is it crazy to invest in banks right now?