Article preview: The UK economy is staging a strong recovery following the challenges created by the Covid-19 pandemic. According to Bank of England chief economist Andy Haldane, the economy is “going gangbusters”, but that raises the concern of price inflation. Haldane said that the UK needs a pay rise if the economic recovery continues going in the right direction.
Economy is ‘going gangbusters’ but inflation is a concern
This 342-word blog post considers comments from Bank of England chief economist Andy Haldane about the economy recovery and rising price inflation. Written on 9th June 2021.
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