Bank of England must be ‘vigilant’ to signs of slowdown, says deputy governor

Clare Lombardelli said there was still uncertainty over the economic outlook ahead of next month’s vote on interest rates (Henry Nicholls/PA) - (PA Wire)

The Bank of England should be “vigilant” over a potential economic slowdown in the UK, according to a deputy governor at the Bank.

Clare Lombardelli said some recent UK economic data had showed possible signs of weaker growth, as she called for a “gradual” reduction in interest rates.