8 years ago
'Falling pounds helps Britain's economy', BoE says
Bank of England deputy governor Ben Broadbent claims the weakening value of the pound is aiding Britain's economic growth. At a speech in London hosted by the Wall Street Journal, Broadbent said sterling's depreciation had 'supported the economy' by stimulating investment activity. The Bank policymaker said there was 'little doubt' the country's economy had fared better than many analyst surveys expected after June's Brexit vote.
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