BoE’s Andrew Bailey says economy is finding ways to adapt to lockdown
20 January 2021 - 21:25
London — Bank of England governor Andrew Bailey said on Wednesday that the UK economy is learning to adapt to lockdowns to contain the coronavirus but the BoE still expects a “quite pronounced” effect from the latest restrictions in the first quarter.
Speaking in a webinar, the central bank chief said the economy seemed to weather the closure in November better than it did at the start of the pandemic in early 2020...
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