Risk of long-term hit to spending from COVID-19 - BoE's Haldane

LONDON (Reuters) - Bank of England Chief Economist Andy Haldane said on Monday there was a risk that the coronavirus pandemic would cause companies and households to rein in their spending over a long period of time.Haldane, speaking on a Royal Economic Society webcast, also said there had been fewer signs of a stabilisation in labour market metrics than in some measures of spending in recent weeks, although the latter remained at very low levels.