About: http://data.cimple.eu/news-article/6ebb2f474fd9f1ca20a27ea99801e178348f989f784fc2f47523e804     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

AttributesValues
rdf:type
schema:articleBody
  • Bank of England governor Andrew Bailey on Thursday said UK economic output in the third quarter was between seven and ten percent below pre-pandemic levels. While this was far better than at the start of the pandemic, Bailey warned there was still an unprecedented level of uncertainty and that the risks to the economy are still to the downside. "We think, in the third quarter, on average, activity in the economy will probably (have been) somewhere between seven and ten percent below pre-Covid levels," he said in an online conference. "And while that number was obviously much better than we had in the spring, it's still... produced a very big recession." Recent official data have shown that the UK economy shrank by a fifth in the second quarter which coincided with Britain being in lockdown. Bailey added that the economy faced the prospect of an "uneven" recovery as the British government battles a second wave of rising infections with tighter restrictions, particularly on the hospitality sector. "When you look at areas of activity in the economy that require more close social interaction, it's no surprise that they have been the weakest to recover," he said. "Other areas of the economy have actually recovered very strongly -- and a few areas of the UK are ahead of where they were pre-Covid." ktr-rfj/bcp/rl
schema:headline
  • UK economy 7-10% below pre-Covid levels: BoE chief
schema:mentions
schema:author
schema:datePublished
http://data.cimple...sPoliticalLeaning
http://data.cimple...logy#hasSentiment
http://data.cimple...readability_score
http://data.cimple...tology#hasEmotion
Faceted Search & Find service v1.16.115 as of Oct 09 2023


Alternative Linked Data Documents: ODE     Content Formats:   [cxml] [csv]     RDF   [text] [turtle] [ld+json] [rdf+json] [rdf+xml]     ODATA   [atom+xml] [odata+json]     Microdata   [microdata+json] [html]    About   
This material is Open Knowledge   W3C Semantic Web Technology [RDF Data] Valid XHTML + RDFa
OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 5 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software