June 4, 2021
LONDON (Reuters) – Britain is enjoying a strong economic rebound with increasing COVID restrictions, although pubs and restaurants are recovering faster than downtown retailing, the bank’s deputy governor said Friday. of England Jon Cunliffe.
“What we are seeing is a strong rebound in activity,” Cunliffe told BBC Radio Suffolk after speaking to businesses in that region of eastern England.
“People have accumulated a lot of savings, are going out and spending, particularly in those areas where we haven’t been able to go out in the last year or so,” he added.
(Reporting by David Milliken; Editing by Alistair Smout)