• Monday, February 24, 2020 - 15:53


    By David Robinson

    LONDON (MNI) - Bank of England Chief Economist Andy Haldane said Monday the lifting of UK political uncertainty and companies' strong balance sheets should boost investment.

    Haldane said there were already signs in business surveys of improving investment. He was one of seven Monetary Policy Committee members who voted in favour of unchanged policy rather than a rate cut at the January MPC meeting. He made no direct reference to monetary policy.

    "Towards the tail end of last year and the early part of this ... a lot of political uncertainty has dissipated in the UK.