BoE policy-makers face fallout from political chaos

Brexit unertainty

Bank of England (BoE) officials are facing the prospect of dealing simultaneously with a no-deal Brexit and political upheaval, after the government took the highly unusual decision to suspend parliament.

Prime minister Boris Johnson announced on August 28 that he would “prorogue” parliament from September 9 until October 14, after his request to do so was approved by the Queen. Parliamentary business will be suspended completely during that period unless lawmakers act to overrule the measure.

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