Page 3 - ஸ்டீபன் கூப்மேன் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

UK economy to take at least two years to return to pre-COVID-19 level – Reuters poll It will take more than two years for Britain’s economy to recover to its pre-COVID-19 level, a Reuters poll found, but the Bank of England was still expected to keep rates steady until at least 2024 and to avoid negative borrowing costs. The British government has been ramping up its coronavirus vaccination programme in one of the hardest hit countries by the pandemic but another national lockdown, which is hurting the dominant service industry the most, means the economy will shrink again this quarter. Median forecasts in the Jan. 11-14 poll of over 70 economists said the economy would contract 1.4% this quarter after shrinking 2.0% in the final three months of 2020. In December, before the new national lockdown was announced, the economy was predicted to grow 1.7% this quarter.

United kingdomJames smithBen broadbentToby chopraTushar goenkaRicha rebelloMartin wederAndrew baileyBoris johnsonBank rateBank febMinister boris johnsonStefan koopmanEngland governor andrew baileyTuesday britainSilvana tenreyro