Comments by BOE deputy governor Jon Cunliffe in London
- Does not expect a disorderly Brexit
- But it would almost certainly lead to a fall in UK asset prices and losses for banks
Nothing of immediate concern there by Cunliffe, we already know the potential risks associated with a hard/disorderly Brexit if it does materialise. Ironically, the event he's speaking at centers around the theme of "The next great crisis" and he's talking about Brexit.
