Article 12ZRG EU referendum uncertainty not harming UK economy, Bank says

EU referendum uncertainty not harming UK economy, Bank says

by
Julia Kollewe
from on (#12ZRG)

Deputy governor says no signs yet that looming vote has hurt company investment plans but Bank of England is keeping a close eye

The Bank of England has not seen any signs that UK companies are scaling back their investment plans because of uncertainty caused by the looming EU referendum, a top Bank official said.

Deputy governor Ben Broadbent was asked how the referendum on Britain's membership of the European Union, likely to be held in June, was affecting the economy.

Related: Brexit could slash sterling by 20%, warns Goldman Sachs

#Brexit campaign has its biggest lead (9pts) after voters reject Cameron deal on EU reforms. @YouGov for @thetimes pic.twitter.com/EenrkKvNjj

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