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Podcast: Beyond Currency
Episode: 21 January 2021 - Bailey follows Haldane in predicting pronounced recovery
Description: "The Governor of the Bank of England Andrew Bailey followed his Chief Economist Andy Haldane in predicting a robust recovery in the UK economy once the vaccination programme begins to take hold.
Both Bailey and Haldane’s opinions differ from those of the financial markets where analysts see the recovery taking longer than expected and the recession lasting into at least the third quarter.
There are differing opinions too about when the recovery will begin. It is highly likely now that the country will spend the entire first quarter in recession. That means, depending on how quickly activity can grow, th...