Monday, February 22, 2016

UK's EU vote not touch business investment



The Bank of England has not nonetheless seen signs that British corporations area unit edge investment plans as a result of uncertainty around Britain's vote on EU membership, a prime Bank of England official aforesaid on weekday.

Deputy Governor mount Broadbent told BBC radio that he thought following move in interest rates was still seemingly to be up and he downplayed the BoE's call to chop its growth forecasts on Th, speech British economy had been strong.

Asked however the vote, seemingly to be command in Gregorian calendar month, was moving the economy, Broadbent said: "We haven't nonetheless seen, relating to investment intentions, any weakening of these lately, however clearly it's one thing we have a tendency to watch pretty closely."

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