What kind of economic recovery can the UK expect? - a podcast by BBC Radio 4

It is a year since Andrew Bailey took over as Governor of the Bank of England ... and what a year. Because of the pandemic, the UK economy plummeted over the last twelve months with its biggest contraction in more than three hundred years.

The government has been borrowing at levels never seen before outside wars helped by the Bank's own actions in buying up its debt. At a time of huge uncertainty, the Governor has to plan for the future - what kind of recovery can we expect?

And as we have been hearing in the news, his own past role as a regulator has been called into question.

Radio 4's Martha Kearney asked the Governor what he thought the recovery would look like.

(Image: Andrew Bailey, Governor of the Bank of England Credit Reuters)

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