• Bank of England FPC's Stheeman says Brexit without financial services agreement would raise transaction costs for European, British and worldwide companies

Market news

6 February 2018

Bank of England FPC's Stheeman says Brexit without financial services agreement would raise transaction costs for European, British and worldwide companies

  • Says hard to say if EU, rather than Britain, would be worse off with no post-brexit financial services agreement

  • FPC is "very much" alive to potential risks from UK consumer credit growth

  • Commercial real estate in prime central London is very fully valued

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