India  

Bank of England: Uneven recovery will see job losses

Video Credit: ODN - Duration: 01:31s - Published
Bank of England: Uneven recovery will see job losses

Bank of England: Uneven recovery will see job losses

The Bank of England has expressed that the downturn in the UK economy could be less severe than was first feared, but a recovery will be uneven.

Governor Andrew Bailey said unemployment could rise to 7.5 per cent, and maintained that negative interest rates was something still in its toolbox.

Report by Etemadil.

Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn


You Might Like