The House of Lords
SPEAKING in the British parliament on Wednesday (September 7) a former Bank of England Deputy Governor said people are reading too much into recent data which appears to show that the UK’s economy is coping well with its decision to leave the European Union.
“Some of the recent indicators have been greeted a little too enthusiastically. The picture is a bit more mixed,” Charlie Bean told a committee of the British parliament’s upper house, the House of Lords.
“The underlying picture at the moment does not suggest the economy has just shrugged off the Brexit result ... It’s too early to draw a firm conclusion.”