Advertisement
UK markets closed
  • FTSE 100

    8,139.83
    +60.97 (+0.75%)
     
  • FTSE 250

    19,824.16
    +222.18 (+1.13%)
     
  • AIM

    755.28
    +2.16 (+0.29%)
     
  • GBP/EUR

    1.1675
    +0.0018 (+0.16%)
     
  • GBP/USD

    1.2486
    -0.0025 (-0.20%)
     
  • Bitcoin GBP

    50,935.25
    -450.09 (-0.88%)
     
  • CMC Crypto 200

    1,325.96
    -70.57 (-5.05%)
     
  • S&P 500

    5,106.17
    +57.75 (+1.14%)
     
  • DOW

    38,276.04
    +190.24 (+0.50%)
     
  • CRUDE OIL

    84.03
    +0.46 (+0.55%)
     
  • GOLD FUTURES

    2,345.70
    +3.20 (+0.14%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     
  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     
  • DAX

    18,161.01
    +243.73 (+1.36%)
     
  • CAC 40

    8,088.24
    +71.59 (+0.89%)
     

Bank of England's Bailey says economy risks are all on downside

FILE PHOTO: Bank of England press conference

LONDON (Reuters) - Bank of England Governor Andrew Bailey said on Monday the central bank thought that Britain's economy could struggle more than it has forecast to recover from the coronavirus crisis.

"We think the risks unfortunately are all on the downside," Bailey said during a BoE question and answer session with members of the public.

(Reporting by Andy Bruce; Writing by William Schomberg)