Bank of England’s Broadbent warns of Brexit trade threat, but dodges rate debate – live!

BoE deputy governor Ben Broadbent warns that Britain and EU would suffer lower exports, and higher prices, if trade links are weakened


Ben Broadbent has also brushed up his grasp of the UK economy by visiting a Scotch whisky distillery.

Thanks to @gordon_macphail for hosting Deputy Governor Ben Broadbent @Benromach today, interesting discussion on business conditions

The pound has also shed its early gains against the euro, falling back to 88.5p, from 88.25p.

Broadbent doesn’t echo recent hawkish #BoE talk, as he doesn’t mentions monetary policy at all – #EURGBP moves higher

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