BOs deputy governor Cunliffe in scheduled appearance before lawmakers 12 Oct
– November forecasts will reflect GBP decline
– will not express a view on whether the market is right on the pound
Sir Jon Cunliffe is appearing at the enquiry by the upper House of Lords
into the effect of Brexit on financial services . He is joined by witnesses Mr Huw Evans, Director General, Association of British Insurers Mr Stefan Hoffmann, Head of European Affairs, Swiss Bankers’ Association Mr Miles Celic, Chief Executive, The City UK