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Bank of England: Uneven recovery will see job losses

Video Credit: ODN
Published on August 6, 2020 - Duration: 01:31s

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.

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