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BREAKING NEWS

BREAKING NEWS

BoE's Broadbent says Brexit deal still most likely outcome - CNBC

BoE's Broadbent says Brexit deal still most likely outcome - CNBC
FILE PHOTO: People pass the Bank of England in the City of London January 16, 2014. REUTERS/Luke MacGregor/File Photo -
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Luke MacGregor(Reuters)
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LONDON (Reuters) - Bank of England Deputy Governor Ben Broadbent said on Monday he thought that Britain leaving the European Union next year under a transition agreement was still the most likely outcome from the negotiations.

"Our forecasts are conditioned on an assumption that there will be a deal, and in particular, a transition period agreed... I still think it's the most likely outcome," Broadbent said in an interview with CNBC.

"But obviously, over time, every day there are headlines, positive, negative, which will send the currency in particular in one direction or the other."

(Reporting by Andy Bruce and Alistair Smout)

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