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New statements from the Bank of England Governor on the recovery of the British economy

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Monday, July 13, 2020 - 17:06
Point Trader Group
New statements from the Bank of England Governor on the recovery of the British economy

Bank of England Governor Andrew Bailey, on Monday, made the following comments:

We see signs that the economy is recovering.

We still have a long way to go.

We have concerns about jobs.

It is worth noting that the Bank of England Governor Andrew Bailey stated earlier that they need to conduct a strong assessment of the weaknesses in the financial system, in addition to the fact that the current business plan will give the Bank of England more strength in dealing with future crises.

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