More BOE Cunliffe: Personally, he would not want negative rates in the UK

BOE Cunliffe in London

• When told by audience member that people did not believe BOE would ever raise rates after a no deal Brexit, says people expectations aren't always right
• asked about negative Bank of England rates, said that they were be a very big shift to world as people know it
• says that the Bank of England has other tools that would be more effective than negative rates