Chief economist says cash not spent during pandemic will be splurged when restrictions end
British families are ready to fuel a rapid return to prosperity with a multibillion-pound spending spree, according to a senior Bank of England policymaker.
With the vaccine rollout protecting more than 13 million of the most vulnerable people, the BoE’s Andy Haldane said the economy was about to turn “a decisive corner with enormous amounts of pent-up financial energy waiting to be released, like a coiled spring”.
