U.K. Economy Won’t Make Up Pandemic-Lost Ground Until End of 2021

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The U.K. economy will take until the end of 2021 to make up the ground lost during the pandemic, says the Bank of England

The Monetary Policy Committee agreed unanimously to hold the central bank’s benchmark interest rate at 0.1% and the target for its asset-buying program at £745 billion .

 

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How will BoE pay the billions it owes Venezuela? HandsOffVenezuela CrimesOfBritain

You can’t beat the UK press for their constant doomsday rhetoric. It’s like they live for failure. It should be considering pretty much everything was closed that’s a great result.

I think that 'the end of 2021' being a bounce-back point for the British economy is wishful thinking. The whole world just keeps under estimating this virus. On top of the resurgence, immunity drops off shortly after developing, calling into question vaccine effectiveness.

So, 2024? Noted, danke.

Yes 96% chance!

Hard to print jobs, but easy with money QE all the way

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