BOE deputy governor Jon Cunliffe: is now testifying earlier than the British Parliament’s Treasury Choose Committee, with the important thing feedback discovered beneath.
Output surveys level to subdued exercise within the near-term.
Outlook in fact might be materially affected by Brexit consequence.
Robust Q3 progress most likely displays a restoration of weak point.
However doesn’t include a lot details about the long run.
Ahead-looking indicators are largely reflecting Brexit uncertainties.
Expects gradual tightening of coverage.