The Bank of England's chief economist Andy Haldane hailed the recovery in Britain's economy from its coronavirus lockdown shock, striking a more upbeat tone than several of his colleagues recently.
FILE PHOTO: The Chief Economist of the Bank of England, Andy Haldane, listens from the audience at an event at the Bank of England in the City of London, London, Britain April 27, 2018. REUTERS/Toby Melville/File Photo
LONDON - The Bank of England’s chief economist Andy Haldane hailed the recovery in Britain’s economy from its coronavirus lockdown shock, striking a more upbeat tone than several of his colleagues recently. Haldane told City AM newspaper that the “recovery isn’t being given enough credit” and the economy “has bounced back” in large part because consumers had shown themselves to be “incredibly resilient and adaptive and so too have businesses.”
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