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Company News

BoE's Bailey says worsening COVID trend reinforces downside risks

LONDON, Sept 22 (Reuters) - Bank of England Governor Andrew Bailey said on Tuesday that escalating COVID-19 cases in Britain reinforced the downside risks in its latest forecasts for the economy.

He told a British Chambers of Commerce audience that there were “hard yards” to come and that the BoE would do everything it could to support the economy. (Reporting by David Milliken and Andy Bruce)

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