BoE welcomes recovery signs; split over outlook ...Qatar

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BoE welcomes recovery signs; split over outlook
The Bank of England said Britain’s economic recovery was gathering pace thanks to the speed of Covid-19 vaccinations but its policymakers were split over the prospects for longer-term improvement, dampening speculation about a reversal of stimulus. The government’s tough pandemic restrictions – which will cause the economy to shrink again in early 2021 – could be lifted “somewhat more rapidly” than thought last month, the BoE said yesterday after its March policy meeting. Britain is on track to have given a first Covid-19 shot to half of all adults in the next few days, making it one of the fastest countries to roll out vaccines and pushing up sterling and British government bond yields thi

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