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Podcast: Beyond Currency
Episode: 20 January 2021 - Haldane sees rapid Q2 recovery
Description: "Bank of England Chief Economist spoke yesterday of his opinion that the UK economy will recover at a rate of knots. The shock to the economy of the first lockdown was far more damaging than the second wave since the Government already had support packages in place and business knew to a certain extent what to expect.
Comparing this human disaster to the 2008/9 financial crisis, Haldane went on to say that although the loss of human life is tragic, the structure of investment and financing remains intact, so it is far easier to recover economically.
Haldane has consistently been the...