Dave Ramsden tells MPs referendum fallout also contributed to lower speed limit for growth of UK economy
Business live – latest updates
The outcome of the Brexit vote and years of political uncertainty it triggered has had a chilling impact on business investment in Britain, a deputy governor of the Bank of England has said.
Dave Ramsden, the Bank’s deputy governor for markets and banking, said the fallout from the 2016 referendum had “chilled” investment levels compared with other leading nations and contributed to a lower “speed limit” for the UK economy.
More Stories
Nigeria sues crypto giant Binance for $81.5bn in economic losses and back tax
Chinese fishing fleets using North Korean forced labour in potential breach of sanctions, report claims
#AltGov: the secret network of federal workers resisting Doge from the inside