Bank of England governor says UK’s economic recovery is slowing

Andrew Bailey sees evidence of ‘levelling off’ amid supply chain disruption and staff shortages

The governor of the Bank of England, Andrew Bailey, has warned Britain’s economic recovery from Covid-19 is slowing amid supply chain disruption and staff shortages.

Answering questions from MPs on the commons Treasury committee, Bailey said there was evidence of the recovery “levelling off” despite the easing of pandemic restrictions earlier in the summer.

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