Article 5F2AY UK economy will never return to pre-Covid pattern, says Bank governor

UK economy will never return to pre-Covid pattern, says Bank governor

by
Larry Elliott
from on (#5F2AY)

Bank of England's Andrew Bailey expects permanent shifts in spending and work routines

The UK can see light at the end of the Covid-19 tunnel but the economy will never fully return to its pre-pandemic pattern, the governor of the Bank of England has said.

Speaking at an event organised by the Resolution Foundation thinktank, Andrew Bailey said the shifts in spending and working patterns seen since the country first went into lockdown measures a year ago would prove permanent.

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