BoE’s Carney is crossing the wires still with additional comments:
- BoE’s Carney calls most recent global trade figures ‘poor’.
- Business investment in UK has stalled since June 2016 referendum.
- Weak business investment is ‘feeding through’ to productivity.
Carney said earlier:
- Date of Brexit to have no effect on his tenure at BoE.
- Lack of agreement on Brexit is a sign of global issues.
- No-deal Brexit would be first supply shock for an advanced economy in at least 40 years.
- Risk of no-deal Brexit lowered by last night’s agreement.
- Lack of agreement on Brexit is a sign of global issues.
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