BOE Broadbent: We do not Piat illusions about the negotiations on Brekzitu

Bank of England representative Broadbent in his speech on the pound and Brekzita in London noted that

• The Monetary Policy Committee (MPC) has no illusions about the upcoming negotiations on Brekzitu
• British exporters benefit from the fact that trade rules have not changed
• The weakness of the pound is likely a consequence of Brekzita
• Already noticeably negative impact on retail sales