Economy to rebound strongly

Posted on 12 May 2022
Share Blog Post
Bailey: Recovery may be quicker than forecast Andrew Bailey, governor of the Bank of England, says the vaccine programme could see the economy outdo expectations in the coming months. However, he added that while he now saw “upside risks” to the Bank’s growth forecasts, new COVID-19 variants may still derail the recovery. Asked what sort of recovery the UK could expect, he told BBC Radio 4’s Today programme: “I’m now more positive, but with a large dose of caution.” His comments came as a monthly Ipsos Mori poll suggested public optimism over the UK’s economic outlook is at its highest since 2015. The survey saw 43% of respondents say they thought the economy would improve over the next 12 months, compared with 41% who thought the opposite. This lifted the economic optimism index to +2, up from -31 in February.

View more blog posts

MTD for self assassment
Posted on 26 Mar 2025
MTD for self assassment
read more
SME's price hike
Posted on 26 Mar 2025
SME's price hike
read more
IHT blow to SME's
Posted on 19 Mar 2025
IHT blow to SME's
read more
SME's raise prices
Posted on 05 Mar 2025
SME's raise prices
read more
Back To Top
01604 660661