11:45 AM, 9th May 2016, About 5 years ago 2
Amid what looks likely to be slowing growth figures for April, the Bank of England is predicted in the inflation report due this week to produce its most detailed analysis on the risks of Brexit and the continued uncertainty that this is causing in the economy.
The economy looks like slowing quickly before the June referendum and the Sunday Times reported that the Bank of England have been asking banks to prepare for a possible rate cut.
This has apparently been confirmed by an unnamed CEO telling the newspaper that after a call to the Bank of England office he was asked to investigate if his bank’s balance sheet could handle a cut in interest rates.
Mark Carney, the Governor of the Bank of England, has previously said to the Treasury Select Committee that the potential of leaving the EU would be considered as the greatest domestic economic threat posed to financial stability in the short and medium term.
Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.
Advice and implementation provided by a practising Barrister-At-Law with £10,000,000 of Professional Indemnity InsuranceBook Now
|“Account”||means an account required to access and/or use certain areas and features of Our Site;|
|“Cookie”||means a small text file placed on your computer or device by Our Site when you visit certain parts of Our Site and/or when you use certain features of Our Site. Details of the Cookies used by Our Site are set out in section 13, below;|
|“Cookie Law”||means the relevant parts of the Privacy and Electronic Communications (EC Directive) Regulations 2003;|
|“personal data”||means any and all data that relates to an identifiable person who can be directly or indirectly identified from that data. In this case, it means personal data that you give to Us via Our Site. This definition shall, where applicable, incorporate the definitions provided in the EU Regulation 2016/679 – the General Data Protection Regulation (“GDPR”); and|
|“We/Us/Our”||Means Property118 Ltd , a limited company registered in England under company number 10295964, whose registered address is 1st Floor, Woburn House, 84 St Benedicts Street, Norwich, NR2 4AB.|
|Name of Cookie||Purpose||Strictly Necessary|
|JSESSIONID||Used only to collect performance data, with any identifiable data obfuscated||No|
|__cfduid||This cookie is strictly necessary for Cloudflare's security features and cannot be turned off.||Yes|
|Name of Cookie||First / Third Party||Provider||Purpose|
|__utma, __utmb, __utmc, __utmt, __utmz||First||Helps to understand how their visitors engage with our website|
|_fbp||First||Helps to understand how their visitors engage with our website|