© Reuters. FILE PHOTO: Governor of the Financial institution of England Andrew Bailey leaves Downing Avenue, London, Britain, September 16, 2021. REUTERS/Hannah McKay
LONDON (Reuters) – Financial institution of England Governor Andrew Bailey stated on Wednesday that he anticipated Britain’s economic system to get well its pre-pandemic stage of output early subsequent yr, just a little later than the central financial institution had predicted final month.
“I count on us to be again to the pre-pandemic stage within the early a part of subsequent yr, presumably a month or two later than we thought we might be initially of August,” Bailey stated at a European Central Financial institution panel.
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