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The government announced on Wednesday an extra £2. 1bn of funding will be destined to prepare for a no-deal Brexit which will double the amount of money it had set aside for that purpose this year.
Rate-setters at the Old Lady of Threadneedle Street stayed put on Thursday, reiterating that the path of Bank Rate going forwards would hinge on the exact form that Brexit took, although they did appear to tone down slightly their forecast for rate hikes.
