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6/12/2020, 3:58 PM (Source: TeleTrader)
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Boe's Bailey: There are signs of UK economy recovery

Bank of England Governor Andrew Bailey said on Friday that he recognizes some signs of the United Kingdom's economy recovery.

He stated that it is important for long-term damage to be avoided adding that this situation is still not over. "We are still very much in the midst of this," he noted.

He also added that the fall of the country’s GDP was "dramatic number but not surprising" and within the expectations.

Baha Breaking News (BBN) / TF