'The economy would be in better shape had Brexit not happened': Ex-Bank of England economist Michael Saunders [1 min]
17/11/2022
Former Monetary Policy Committee at Bank of England Michael Saunders said Brexit is to blame for "persistent" and "lasting" damage to the UK economy.
Overhaul increases the risks of insurance failure by a fifth, Bank of England Governor warns.
Bank forecasts worst year for UK since 2009
07/02/2019
The Bank of England expects growth this year to be the slowest since 2009 when the economy was in recession.
Move by UK regulator seen as limiting relocation to EU’s financial centres.
Bank of England criticism is unfair – Brexit has made it near impossible to avoid this financial crisis
29/09/2022
There is only one real way to properly calm the markets – the Prime Minister and the Chancellor need to reverse the unfunded tax cuts they announced.
Bank of England cuts UK growth forecast
01/08/2019
Brexit uncertainties are becoming "more entrenched" and increasingly weighing on the British economy less than three months before the country is scheduled to leave the European Union, the Bank of England said Thursday.
The Brexit benefits keep piling up! Leading financial experts are now placing the blame for rising food prices on you-know-what...
The Bank of England indicated Thursday that it could cut interest rates below zero for the first time in its 326-year history as it tries to shore up a U.K. economic recovery that is facing the dual headwinds of the coronavirus and Brexit
Bank of England Governor Mark Carney warns of further market volatility due to no-deal fears
16/01/2019
The Governor of the Bank of England, Mark Carney, has warned that financial markets are likely to be volatile in the wake of Parliament’s rejection of Theresa May’s Brexit plans.
A Bank of England policy maker has warned that a wave of business investment was “stopped in its tracks” by Brexit, dealing a blow to the UK economy worth £1,000 ($1,204) per households.
Mark Carney sets 14 July deadline to see plans, saying firms must prepare for ‘all eventualities’ as he calls on politicians not to cut City adrift from Europe
anks should prepare for the possibility of a no-deal in post-Brexit trade talks between Britain and the European Union, the Bank of England said on Wednesday.
Andrew Bailey reminds banks of the need to have contingencies in case talks between UK and EU leaders do not result in a deal by 31 December.
Governor tells banks to prepare for risk of UK failing to reach a deal by 2020 deadline
Ben Broadbent says projects postponed amid political uncertainty will be cancelled.
Stability report says about half of EU companies using UK-registered banks face being cut off.
The price of food is at risk of rising between 5–10% if there is a disorderly Brexit, warned Bank of England governor Mark Carney.
Insurance regulator says post-Brexit softening of rules will put billions of pounds of pension saving at risk.
Banks may continue to drift away from London if the European Central Bank intensifies its scrutiny of their presence in the bloc, the Bank of England’s deputy governor said.
Huw Pill said Brexit has reduced trade between the UK and Europe which has had a knock-on effect on labour, productivity and prices.
If Britain ends up in the recession expected by the Bank of England, public anger will be looking for an outlet. / I asked Albrecht Ritschl, professor of economic history at the LSE, what single move the UK government could make to alleviate the pain. “Suspend Brexit for 20 years.”
Bank of England Chief Economist Huw Pill suggested that the UK is yet to see any positive economic benefits from exiting the European Union.
Andrew Bailey said the deal was broadly in line with what the BOE forecast in November.
The next, Brexit-induced recession will be most painful for poorer households, who are also those that voted Leave in greatest numbers.
Leaving the EU cost every household in Britain and Northern Ireland around £1,000, according to Bank of England policy-maker Jonathan Haskel.