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

    1.1676
    +0.0020 (+0.17%)
     
  • GBP/USD

    1.2490
    -0.0021 (-0.17%)
     
  • Bitcoin GBP

    50,960.77
    -670.94 (-1.30%)
     
  • CMC Crypto 200

    1,324.48
    -72.06 (-5.16%)
     
  • S&P 500

    5,110.75
    +62.33 (+1.23%)
     
  • DOW

    38,305.34
    +219.54 (+0.58%)
     
  • CRUDE OIL

    83.96
    +0.39 (+0.47%)
     
  • GOLD FUTURES

    2,348.30
    +5.80 (+0.25%)
     
  • 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%)
     

BOE's Haldane predicts possible double-digit annual growth rate in UK a year ahead - Daily Mail

The Chief Economist of the Bank of England, Andy Haldane, listens from the audience at an event at the Bank of England in the City of London

(Reuters) - Britain's annual economic growth rate could be in double digits a year from now, the Bank of England's chief economist Andy Haldane wrote in a Daily Mail column published online late on Thursday.

Economic recovery should be "one to remember, after a year to forget," Haldane wrote https://www.dailymail.co.uk/news/article-9251595/Bank-England-chief-economist-predicts-Britain-roar-spending-boom.html.

The central banker predicted that British households would have amassed "accidental savings" of up to a massive 250 billion pounds ($345.30 billion) and that there would be a spending boom once COVID-19 restrictions are lifted in the country.

($1 = 0.7240 pounds)

(Reporting by Derek Francis in Bengaluru; Editing by Chris Reese)