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- UK firms more optimistic about 2021 after vaccine news - BoE survey
UK firms more optimistic about 2021 after vaccine news - BoE survey
Reuters reports that a Bank of England survey showed that british businesses are more optimistic that their operations will get back to normal in the first half of next year than they were a month ago, following the announcement of new COVID vaccines.
Firms said they expected sales in the second quarter of 2021 to be 2% below pre-COVID levels, compared with 8% below in the previous survey in October.
For the fourth quarter of this year, businesses expect sales to be 15% below normal, and for staffing levels to be 6% lower than pre-COVID.
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