BoE deputy governor Ben Broadbent warns that Britain and EU would suffer lower exports, and higher prices, if trade links are weakened
- Latest: Broadbent on Britain’s ‘comparative advantage’
- Britain would face lower quality, higher prices if EU trade curtailed
- No mention of interest rates
Ben Broadbent has also brushed up his grasp of the UK economy by visiting a Scotch whisky distillery.
The pound has also shed its early gains against the euro, falling back to 88.5p, from 88.25p.