Interview with Andrew Bailey, Governor of the Bank of England, on Q.E.

The video discusses the concept of equivalence in financial services, particularly in relation to the City of London and its access to the European Union markets. The speaker emphasizes the importance of free trade and open economies. There is a brief informal conversation about personal comfort. The discussion then shifts to the state of the UK economy, highlighting the recovery from a significant downturn and the impact of COVID-19, including projections for a negative fourth quarter due to lockdowns.

What impact did the return of COVID have on the economic recovery according to the speaker?

What projections were made for the fourth quarter of the year?