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Inflation in store for UK economy?

Bank of England chief economist Andy Haldane attributes the growth rate to low covid 19 rates, and high vaccination take-ups, contributing to a surge in consumer spending.

The comments from the Bank of England chief economist, Andy Haldane, suggest there could be inflation in store, as the Βι¶ΉΤΌΕΔ's Victoria Craig reports. And in the US, inflation is also a concern as we hear from economist Chris Low of FHN Financial. Also in the programme, as Greece prepares to reopen for international visitors, we speak to hotelier George Filippidis about how his business has coped with a lack of trade. Plus, we examine the impact of the coronavirus pandemic on church finances around the world. Father Aquinas Duffy is parish priest at St Brigid's Catholic Church in Cabinteely, Ireland, and tells us funds for his diocese are down around 70%. We hear from Father Augusto Zampini, who is on the Pope's Covid Task Force about how the Catholic church is preparing for the future. And Reverend Dr Prince Raney Rivers, senior minister at Union Baptist Church in North Carolina discusses alternative ways of fundraising that have ensured donations to his church rebounded to normal levels. (Picture: Β£20 notes Credit: Getty Images).

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27 minutes

Last on

Fri 14 May 2021 21:32GMT

Broadcast

  • Fri 14 May 2021 21:32GMT