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Evening Standard

Business

Alex Daniel

Trump tariffs likely to hit UK growth, warns Bank of England policymaker

Sarah Breeden Bank of England United Kingdom Donald Trump Inflation

Sarah Breeden is deputy governor for financial stability at the Bank of England (Benjamin Cremel/PA) - (PA Wire)

US President Donald Trump’s tariffs are likely to hamper economic growth in the UK but it is “too early to call” the impact they will have on inflation, a Bank of England policymaker has said.

Sarah Breeden, the Bank’s deputy governor for financial stability, said on Thursday that the trade tariffs “would be expected to weigh on UK activity”.

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