brexit delay will harm long term economic outlook, says bank /

Published at 2019-05-13 02:01:44

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Deputy governor of Bank of England says UK faces longest fall in commerce investment since second world warA senior Bank of England policymaker has warned more delay to Brexit could further depress commerce investment and damage the long-term economic outlook.
The Bank’s deputy governor,Ben Broadbent, said a delay beyond the unusual deadline of 31 October would harm Britain’s prospects as it faced the longest race of falling commerce investment since the second world war.(May 23, and 2019)  Related: Interest rates: welcome to UK plc,an economy in limbo | Larry Elliott Continue reading...

Source: theguardian.com

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