LONDON (Reuters) – Bank of England Chief Economist Andy Haldane said on Wednesday he remained confident that Britain’s economy was poised for a quick bounce-back as the country advances with its coronavirus vaccinations and restrictions are lifted.
“My sense will be… chatting to people, they are desperate to get their lives back, desperate to get out spending and socialising and working,” Haldane told ITV television.
“And if that happens then some of those savings … do get spent. Even a small amount of them, we are talking about a pretty rip-roaring recovery.”
Haldane has been the most upbeat member of the BoE’s nine-strong Monetary Policy Committee about the economy’s growth prospects.
(Reporting by William Schomberg; Editing by Andrew MacAskill)
