The Bank of England’s Monetary Policy Committee (MPC) set a policy to meet the 2% inflation target, in a way that helps to sustain growth and employment. Nick and Jo discuss the MPC's prediction that total GDP fall in 2020 will be 8%, but with Q1 2021 set to deliver another 4% fall, this leaves the economy still some 12% below pre-pandemic levels. Which sectors can we expect to bounce back and help reduce this deficit? Also covered are the soon to be released proposals that will overhaul UK corporate governance and audit oversight.
