Bank of England governor highlights worker shortage worry as recovery seen 'levelling off'

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Bank of England governor Andrew Bailey said he was concerned about worker shortages persisting as he acknowledged the UK's economic recovery is levelling off

Mr Bailey revealed a split on the arguments underpinning monetary policy

Meanwhile, the governor also revealed a split over the arguments underpinning when the Bank might start to scale back the emergency policy measures introduced to to try to cushion the economy from the coronavirus crisis. When officials last month voted to keep both policies on hold there was just one vote of dissent - regarding QE.

Source: News Formal (newsformal.com)

 

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And he should be concerned.. big manufacturers can't get raw materials in. Massive problems with supply chains & haulage

Do t worry there’ll be loads of workers looking for a job when furlough ends!

where does he think these people are going to come from?

thanks

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