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'Growth will come, but will take time'

Posted

February 6, 2025

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Bank of England governor Andrew Bailey says "growth will come, but it will take time".

The Bank of England has cut interest rates to 4.5%, slashing its growth forecast for the UK economy.

Mr Bailey told Sky's Economics and Data Editor Ed Conway he is a "very strong supporter" of the growth agenda, but warned that people needed to be realistic about expectations.

#bankofengland #interestrates #skynews

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Guests & Subjects Covered

Andrew BaileyThe BankMr BaileySky's EconomicsData Editor Ed ConwayTwitter LikeFacebook FollowInstagram Follow

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'Growth will come, but will take time' · Sky News · Sentinel