BOE dep gov Broadbent currently speaking to the BBC 4 Aug

  • this is about the maximum rate of pain from inflation
  • UK inflation nearing its peak
  • lack of growth in investment by companies has something to do with Brexit process
  • UK a little bit better placed to cope with higher interest rates
  • there may be some possibility for interest rates to go up a little
  • wage growth to pick up in coming years

Nothing we didn't already know so far.

Yesterday I gave my own thoughts to the Beeb. I'll post a link up in due course but nothing you didn't already know from me either!

GBP had a little dip but still in pause mode overall after yesterday's fall.

Likewise EURGBP at 0.9040

GBPUSD

EURGBP