Bank of England economist warns: Covid crash will make inequality worse

The impact of the Covid crisis could mean we see the opposite of "levelling up" for those parts of the economy that have lagged behind for decades. That’s the warning from the chief economist of the Bank of England. (Subscribe: https://bit.ly/C4_News_Subscribe)

Speaking exclusively to this programme, Andy Haldane said it was now an "absolute necessity" to tackle inequalities in society – most of which he thinks will be made worse by the downturn. But Mr Haldane believes yesterday’s news of a vaccine could prove "transformational".

———————–
Follow us on Instagram – https://www.instagram.com/Channel4News

More News

  • Boris Johnson and Tory MPs forced to self-isolate after No 10 meeting
    The prime minister has spent his first working day in self-isolation at Downing Street. (Subscribe: https://bit.ly/C4_News_Subscribe) Boris Johnson is trying to "reset" his government and restore trust amongst Tory backbenchers. But it was a meeting at Number 10 with backbenchers last week which landed him […]
  • Slain journalist Khashoggi’s fiancée calls for sanctions against Saudi crown prince
    Hatice Cengiz, the fiancée of slain Saudi journalist Jamal Khashoggi said on Thursday she was relieved that a U.S. intelligence report implicated the Saudi crown prince, Mohammed bin Salman, in Khashoggi’s murder but added it is insufficient without sanctions against the Kingdom’s de facto ruler. Khashoggi, a […]
  • CNN projects Rev. Raphael Warnock wins runoff to become first Black senator from Georgia
    Democratic Senate candidate Rev. Raphael Warnock will defeat GOP candidate Kelly Loeffler, CNN projects. Warnock, the senior pastor of Ebenezer Baptist Church in Atlanta, will make history as the first Black US senator from Georgia. #CNN #News Source: CNN […]
  • Kenosha District Attorney Says There Will Be No Charges In Shooting Of Jacob Blake | NBC News NOW
    Kenosha County District Attorney Michael Graveley announces that there will be no charges in the shooting of Jacob Blake. » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Watch more NBC video: http://bit.ly/MoreNBCNews NBC News Digital is a collection of innovative and powerful news brands that deliver […]
  • Capitol Security Increased Ahead Of Biden’s Address To Congress | NBC News NOW
    Ahead of President Biden’s address to Congress, Capitol Police, the Secret Service and the National Guard are bolstering security around the Capitol. NBC News’ Vaughn Hillyard explains the extensive security plans and how they differ from previous years. » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » […]
  • WATCH LIVE: Biden to hold press conference in Europe
    Stream your PBS favorites with the PBS app: https://to.pbs.org/2Jb8twG Find more from PBS NewsHour at https://www.pbs.org/newshour Subscribe to our YouTube channel: https://bit.ly/2HfsCD6 Follow us: Facebook: http://www.pbs.org/newshour Twitter: http://www.twitter.com/newshour Instagram: […]
  • Coronavirus: Ontario officials discuss ethical framework for COVID-19 vaccine distribution | FULL
    Ontario’s associate chief medical officer of health Dr. Barbara Yaffe, alongside COVID-19 Vaccine Distribution Task Force members Dr. Dirk Huyer, coordinator for provincial outbreak response, and bioethicist Dr. Maxwell Smith, provided an update Wednesday on the province’s Ethical Framework for COVID-19 vaccine […]
  • Biden’s cabinet picks include historic firsts
    President-elect Joe Biden has unveiled a slate of top foreign policy and national security picks, including the first woman to lead the US intelligence community and first Latino to helm the Department of Homeland Security. #CNN #News Source: CNN […]
  • Coronavirus: Ontario reports 2,632 new coronavirus cases, 46 more deaths | FULL
    Ontario’s chief coroner Dr. Dirk Huyer and associate chief medical officer of health Dr. Barbara Yaffe are delivered an update on the province’s COVID-19 situation, reporting 2,632 new cases of the coronavirus on Thursday, bringing the provincial total to 247,564. Thursday’s case count is slightly lower […]
  • California Gov. Newsom Speaks Out Amid Pandemic Response Criticism | NBC Nightly News
    In an interview with NBC News’ Miguel Almaguer, Governor Gavin Newsom says the country is failing on vaccine equity and “we have a lot of work to do.” On other states reopening, Newsom says he believes “putting down your guard is reckless.” » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Watch more NBC […]
  • NFL wives band together in fight against league’s concussion payout protocol | Nightline
    The women advocated against race-norming, which they say discriminated against Black former players and is used to determine former players eligible for payouts as part of NFL concussion settlements. WATCH NIGHTLINE EPISODES: https://abc.go.com/shows/nightline ALSO AVAILABLE ON HULU: https://hulu.tv/2wSmSrZ #Nightline […]
  • Why 50 years of UNEP shows it’s possible to save the planet
    Since 1972 the United Nations Environment Programme (UNEP) has been the leading global environmental authority. UNEP acts as a catalyst, advocate and educator to promote a sustainable relationship between people and planet. Now more than ever, the multilateral discussions and actions that UNEP facilitates are crucial […]
  • How India is transforming towards authoritarianism | DW Analysis
    2020 has seen the deadliest Hindu-Muslim violence for decades in Delhi. And the majority of the victims belonged to India’s Muslim minority. The riots were soon eclipsed by another crisis: coronavirus.But in the months since, people involved in the protest movement say they’re being quietly targeted. India’s […]
  • Coronavirus: What you should know about the COVID-19 variant in Canada
    British Columbia became the second province in Canada to report a case of the COVID-19 variant first identified in the U.K. A third case was also confirmed in Ontario, in the city of Ottawa, adding to the first cases reported a day prior in the Greater Toronto Area who the province says had contact with a recent […]
  • Evidence based practice, Dr Tess Lawrie
    First part of a fascinating talk with Dr Tess Lawrie. Do come back for the second evidence based part. Thank you so much Dr. Lawrie, both for coming on this channel and for all of the life saving work you are doing. Follow the evidence, wherever it leads. Source: Dr. John Campbell […]
  • Pence And McConnell Break With Trump Over Electoral Count | NBC Nightly News
    Before the Capitol erupted in chaos, Vice President Pence wrote in a letter that he does not believe he has the “unilateral authority” to reject electoral votes. Senate Majority Leader McConnell blasted those rejecting President-elect Biden’s win. » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Watch more […]
  • Watch Live: 2020 International Press Freedom Awards Hosted By NBC’s Lester Holt
    NBC news’ Lester Holt hosts the Committee to Project Journalists 2020 International Press Freedom Awards, honoring journalists from Bangladesh, Iran, Nigeria and Russia along with lawyer and human rights advocate Amal Clooney who will receive the 2020 Gwen Ifill Press Freedom Award, presented by actor Meryl Streep. » […]
  • Listen: Introducing America, Interrupted
    The coronavirus has disrupted life as we knew it. From the PBS NewsHour, an intimate look at how our communities, jobs and lives are changing — and where we go from here. You can also listen to “America, Interrupted” on- Spotify: https://open.spotify.com/show/2HERUHS2kRtgvQYvUSk3d8?si=2iDr6hlVTq6FHgcMDI2CiQ Apple […]
  • WATCH LIVE: House expected to vote on COVID-19 relief bill
    Stream your PBS favorites with the PBS app: https://to.pbs.org/2Jb8twG Find more from PBS NewsHour at https://www.pbs.org/newshour Subscribe to our YouTube channel: https://bit.ly/2HfsCD6 Follow us: Facebook: http://www.pbs.org/newshour Twitter: http://www.twitter.com/newshour Instagram: […]
  • Grandparents reunited with loved ones after vaccine | WNT
    Across the country, loved ones are being reunited as more and more people become vaccinated. One little boy ran into the arms of his grandparents. WATCH THE FULL EPISODE OF ‘WORLD NEWS TONIGHT’: https://bit.ly/30xR8Hy WATCH OTHER FULL EPISODES OF WORLD NEWS TONIGHT: […]
  • Family says Biden lied about Trump’s border wall
    A family in Texas is fighting to keep their land from being seized by a federal eminent domain to build a border wall. #CNN #News Source: CNN […]
  • Brexit: All quiet at Dover on 1st working day after UK’s EU departure, residents still skeptical
    Traffic moved through the Port of Dover, Europe’s busiest trucking port, without the chaos some predicted on Monday after the United Kingdom finally left the European Union’s orbit. "I don’t think it is hype because I literally couldn’t leave my road. I couldn’t go for a drive and so it […]
  • Jeremy Corbyn will not be readmitted as Labour MP, Sir Keir Starmer says
    The Labour leader, Sir Keir Starmer, has refused to allow Jeremy Corbyn to sit as a Labour MP in the Commons – after saying he had "undermined" trust in Labour’s ability to tackle anti-Semitism. (Subscribe: https://bit.ly/C4_News_Subscribe)  Mr Corbyn was suspended from the party three weeks ago, […]
  • Gov. Hogan: ‘We Need To Move On From The Cult Of Donald Trump’ | Meet The Press | NBC News
    In an interview with Meet the Press, Gov. Larry Hogan (R-Md.) talks about how he believes the Republican party can rebuild itself after former President Trump. » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Watch more NBC video: http://bit.ly/MoreNBCNews NBC News Digital is a collection of innovative and […]
  • In Their Own Words: U.S. Covid-19 Death Toll Hits 500,000 | NBC Nightly News
    The Covid-19 death toll in the U.S. has passed 500,000. NBC News’ Kate Snow illuminates some of those we’ve lost through their own words.» Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Watch more NBC video: http://bit.ly/MoreNBCNews NBC News Digital is a collection of innovative and powerful news brands […]
  • Several House Republicans to vote to impeach President Trump
    Sen. Mitch McConnell is open to supporting the president’s removal, and Rep. Liz Cheney, the No. 3 Republican in the House, will vote alongside Democrats today. Source: ABC News […]
  • How the pandemic has exposed America’s deep divide
    2020 has been a year unlike any within living memory, and one that exposed some of America’s deepest divides. Judy Woodruff spoke with emergency medical physician Dr. Uche Blackstock, Eddie Glaude, of Princeton University, New Yorker staff writer Jill Lepore, and Yuval Levin, editor of National Affairs magazine, […]
  • Canada’s COVID-19 vaccine rollout head steps aside amid investigation
    Maj.-Gen. Dany Fortin is stepping aside from his role as the head of Canada’s COVID-19 vaccine rollout amid a military sexual misconduct investigation into him. Global News can confirm that the investigation is linked to a sexual misconduct allegation dating from before Fortin was a general. The Department of National […]
  • Does VW profit from Uighur forced labor in Xinjiang? | DW News
    Volkswagen builds cars in China’s Western Xinjiang region and might have forced laborers in its work force. The region is home mof the Uighur minority, which has been oppressed and imprisoned by the regime in Beijing. Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1 For more news go to: […]
  • Coronavirus: Dr. Hinshaw sees early positive signs in Alberta, but warns the fight isn’t over | FULL
    Alberta’s chief medical officer of health Dr. Deena Hinshaw shared some positives the province has seen in the fight against COVID-19 during her update on Friday, but was quick to say that the fight against the novel coronavirus was not over. Hinshaw announced that the province had identified 1,413 new cases of […]
  • US Secretary of State Blinken, UK Foreign Secretary Raab outline shared priorities at G7
    U.K. Secretary of State for Foreign, Commonwealth and Development Affairs Dominic Raab shared on Monday what he and U.S. Secretary of State Antony Blinken discussed during their meeting, including a “shared commitment” to stand up for democracy and human rights, tackling misinformation and holding human rights abuses […]
  • American statesman George Shultz dead at 100
    George P. Shultz, former Secretary of State, economist, and an influential figure in American politics and diplomacy, has passed away at the age of 100. Shultz served under three different Republican presidents, and was one of only two people to have held four different Cabinet-level posts. Stream your PBS favorites […]
  • Biden unveils COVID-19 vaccine pact
    Merck & Co. will help produce Johnson & Johnson vaccine. WATCH the ABC News Live Stream Here: https://www.youtube.com/watch?v=w_Ma8oQLmSM SUBSCRIBE to ABC NEWS: https://bit.ly/2vZb6yP Watch More on http://abcnews.go.com/ LIKE ABC News on FACEBOOK https://www.facebook.com/abcnews FOLLOW ABC News on TWITTER: […]
  • How important is contact tracing in the fight against coronavirus? | COVID19-Special
    Contact tracing is vital in breaking the chain of coronavirus infections. Apps do some of the work, but much of it is manual. And when COVID19 rates surge, keeping track of endless lists of contacts is almost impossible. Experts say that’s not an argument against contact tracing. Rather they say it needs to be […]
  • PBS NewsHour full episode, June 9, 2021
    Wednesday on the NewsHour, President Biden makes his first overseas trip to Europe to reengage with allies and meet with adversaries, a U.S. Capitol Police officer gives his first interview since the attack on Congress by Trump supporters, and the push for free community college nationwide gains support but questions […]
  • Robinhood backlash after GameStop move
    Amateur traders take aim at some of the most powerful hedge funds and set their sights on new targets after GameStop stock surges. Source: ABC News […]
  • Some worry about Taliban threat to US as troops withdraw
    ABC News spoke exclusively to a Taliban commander about the withdrawal. Also, women and girls fear their schools will be forced to close under the Taliban without the U.S. in Afghanistan. Source: ABC News […]
  • Xenia’s Story
    Xenia faced infertility at age 31 after treatment for endometrial and uterine cancers. Learn how she established a support system of peers and found a new version of herself after cancer. Comments on this video are allowed in accordance with our comment policy: http://www.cdc.gov/SocialMedia/Tools/CommentPolicy.html […]
  • Why Republicans think the transgender sports issue is a winning one
    Several Republican governors across the country are signing new legislation to ban transgender athletes — which isn’t an accident. In this latest episode of The Point, CNN’s Chris Cillizza explains why the GOP is banking on this issue to shore up its culturally conservative base. SOURCES AND FURTHER READING: […]
  • 2 People Killed, Shooter Also Dead In Shooting at Wisconsin Casino Hotel | NBC News
    2 people were killed and another person was severely injured in a shooting at a casino hotel in Ashwaubenon, Wisconsin. The shooter also died after being shot by police.» Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Watch more NBC video: http://bit.ly/MoreNBCNews NBC News Digital is a collection of […]
  • Melania Trump ‘just wants to go home’
    CNN’s Kate Bennett reports on how first lady Melania Trump is preparing for the transition out of the White House. A source familiar with Melania Trump’s state of mind said, "she just wants to go home." #CNN #News Source: CNN […]
  • After pro-Trump mob at Capitol, talk of Trump’s removal as his social accounts locked
    President Trump’s social media sites were locked as a slew of staffers resigned from the White House. Police face questions about the response to the siege. There have been only 80 arrests to date. Source: ABC News […]
  • Episode 49 Osterholm Update COVID-19: You Can’t Dismiss Gravity
    In this episode, Dr. Osterholm and host Chris Dall discuss rising COVID-19 cases across much of the world, the apparent regional pattern of activity in the US, and WHO’s report on the potential origin of SARS-CoV-2. Email us your questions: OsterholmUpdate@umn.edu Source: Osterholm Update: COVID-19 […]
  • Numerous government departments breached in massive cyberattack
    Former Homeland Security Adviser and ABC News Contributor Tom Bossert discusses the significance of the alleged Russian cyberattack on critical government departments. WATCH the ABC News Live Stream Here: https://www.youtube.com/watch?v=w_Ma8oQLmSM SUBSCRIBE to ABC NEWS: https://bit.ly/2vZb6yP Watch More on […]
  • Army Nurse Practitioner Discusses Sense of Service
    Meet Nathalie Diethrich, a Psychiatric Mental Health Nurse Practitioner in the U.S. Army Reserve, who recently mobilized to a Detroit hospital to help in their response to the #COVID19 pandemic. #USArmy | #ArmyMedicine | #COVID19 About U.S. Army: The Army Mission – our purpose – remains constant: To deploy, fight and […]
  • Santa in a bubble, Georgia election, Krebs testifies: World in Photos, Dec. 16
    A look at the top photos from around the globe. Source: ABC News […]
  • Race to vaccinate
    A look inside a Johnson & Johnson vaccine production plant in Baltimore. SUBSCRIBE to ABC NEWS: https://bit.ly/2vZb6yP Watch More on http://abcnews.go.com/ LIKE ABC News on FACEBOOK https://www.facebook.com/abcnews FOLLOW ABC News on TWITTER: https://twitter.com/abc Source: ABC News […]
  • Trump 2024 is the absolute worst-case scenario for Republicans
    Fresh off his reelection defeat, Donald Trump is already musing about running again in 2024. In the latest episode of The Point, CNN’s Chris Cillizza explains why that could doom Republicans for decades to come. SOURCES AND FURTHER READING: Trump considers 2024 campaign kickoff on Inauguration Day […]
  • ‘I did everything I could to bring us together so we’d have more support’: Manchin | ABC News
    Martha Raddatz interviews Sen. Joe Manchin, D-W.Va., on "This Week." SUBSCRIBE to ABC NEWS: https://bit.ly/2vZb6yP Watch More on http://abcnews.go.com/ LIKE ABC News on FACEBOOK https://www.facebook.com/abcnews FOLLOW ABC News on TWITTER: https://twitter.com/abc #ABCNews #ThisWeek #JoeManchin Source: ABC News […]
  • California wildfires threaten Santa Barbara homes, workplaces
    Wildfires continued to burn in Santa Barbara, Calif. on Friday, which started on Thursday night. This fast-moving bushfire started moving up a steep hill, threatening homes and commercial buildings along the coastal region. Global’s Carla Bosacki reports. For more info, please go to https://globalnews.ca […]
  • Airbnb CEO: Travel activity is back to 2019 levels
    Airbnb CEO Brian Chesky says travel activity on the platform has reached 2019 levels even before cross-border travel, which he says is half their business, completely reopens. But he doesn’t expect business travel to ever return to the way it was before the pandemic. #CNN #News #Business Source: CNN […]
  • Live: FDA Panel Meets To Vote On Pfizer Covid Vaccine Authorization
    An outside committee for the Food and Drug Administration meets to vote on the U.S. authorization of the Covid-19 vaccine from Pfizer. » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Watch more NBC video: http://bit.ly/MoreNBCNews NBC News is a leading source of global news and information. Here you will […]
  • Joint Munitions Command Celebrates Black History Month
    This video and photo montage highlights African-American civil service in the ammunition industrial base from World War II to the present day. Music by Peter Jeremias (BMI), Megatrax 🎥 ➡️ U.S. Army video by Dori Whipple #USArmy | #BlackHistoryMonth About U.S. Army: The Army Mission – our purpose – remains constant: To […]
  • NIH director: Pfizer vaccine trial results ‘absolutely astounding’
    National Institutes of Health Director Dr. Francis Collins discusses Food and Drug Administration emergency use authorization of Pfizer’s coronavirus vaccine and combatting potential mistrust. WATCH the ABC News Live Stream Here: https://www.youtube.com/watch?v=w_Ma8oQLmSM SUBSCRIBE to ABC NEWS: https://bit.ly/2vZb6yP […]
  • Violent protests in Iraq see demonstrators, police clash
    One person died and several were injured when Iraqi security forces fired live rounds in the air to disperse anti-government protests in central Baghdad, according to security and medical sources. Sources say 14 protesters and seven members of the security forces were hurt in the clashes. Video footage showed […]
  • Americans In Need Form Long Lines At Nation’s Food Banks | NBC Nightly News
    Volunteers at the nation’s food banks are working hard this Thanksgiving holiday to help the 54 million Americans who don’t have access to enough food. » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Watch more NBC video: http://bit.ly/MoreNBCNews NBC News is a leading source of global news and […]
  • Fact Check: There Are No Magnets In Your Covid Vaccine
    NBC News’ Dr. John Torres debunks the latest in a series of baseless coronavirus conspiracy theories that falsely claims there may be magnets in the Covid-19 vaccine. » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Watch more NBC video: http://bit.ly/MoreNBCNews NBC News Digital is a collection of […]
  • WATCH: Joe Biden takes oath of office
    Stream your PBS favorites with the PBS app: https://to.pbs.org/2Jb8twG Find more from PBS NewsHour at https://www.pbs.org/newshour Subscribe to our YouTube channel: https://bit.ly/2HfsCD6 Follow us: Facebook: http://www.pbs.org/newshour Twitter: http://www.twitter.com/newshour Instagram: […]
  • PBS NewsHour live episode, Mar. 16, 2021
    Stream your PBS favorites with the PBS app: https://to.pbs.org/2Jb8twG Find more from PBS NewsHour at https://www.pbs.org/newshour Subscribe to our YouTube channel: https://bit.ly/2HfsCD6 Follow us: Facebook: http://www.pbs.org/newshour Twitter: http://www.twitter.com/newshour Instagram: […]
  • The Women Who Inspire Us
    U.S. Army Central Soldiers discuss the bond and strength they shared with the women in their lives; celebrating National Women’s History Month. 🎥 by Spc. Amber Cobena #USArmy | #PeopleFirst | #WomensHistoryMonth About U.S. Army: The Army Mission – our purpose – remains constant: To deploy, fight and win our nation’s […]