BoE official warns of Brexit investment impact

Investment is unlikely to bounce back to pre-Brexit levels, Haskel says

investments

An external member of the Bank of England’s monetary policy committee believes Brexit could subdue the level of investment in the UK for “at least the next few years” regardless of whether a deal is struck.

In his first speech as a committee member, Jonathan Haskel today (March 11) analysed what Brexit uncertainty means for business investment across the UK economy.

“The answer to this depends on what trade deal is struck,” he said. The UK government is due to vote again on prime minister

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