Chief Economist of the Bank of England, Andy Haldane, spoke on Tuesday.

Reuters have a recap here.

Haldane repeated his view

  • the recovery so far had been faster than the BoE or any other mainstream economic forecaster had predicted
  • said that there were huge uncertainties about the longer-term outlook

Most specifically, and unsurprisingly, the 'but' in the headline refers to the next wave or waves of coronavirus:

  • "How big will be the second and third and fourth wave peaks? They surely will come,"
  • "What's to play for is how large those peaks will be."
Chief Economist of the Bank of England, Andy Haldane, spoke on Tuesday.