Comments from the BOE chief economist

  • Balance sheets globally not overstretched
  • Doesn't see big asset bubbles

He was scheduled to speak much earlier. There's nothing particularly notable here.

More:

  • Surveys suggest there could be 'stirring in the undergrowth' regarding UK companies investment plans
  • Reduced uncertainty from Brexit should boost investment
  • Government needs to consider if 'social return' of spending is greater than near-zero cost of capital