Consumers will stay wary as long as the virus stalks us
Posted by David Smith at 09:00 AMCategory: David Smith’s other articles
My regular column is available to subscribers on www.thesundaytimes.co.uk This is an excerpt.
We enter a new period of uncertainty, in response to which the chancellor, Rishi Sunak, has announced another set of job support measures, which is becoming a regular occurrence. The Bank of England is heading for a Bonfire Night announcement of another £100 billion of quantitative easing (QE), which will mean almost as much of this kind of help for the economy this year as in the previous 10 years combined.A month ago here, I wrote about the importance of confidence in driving the economic recovery. This was after Boris Johnson had announced new restrictions,Read More »