BOE's Haskel is on the wires saying:
- undoubtably a UK specific factor in these changes in the UK yields
- MPC has the tools to resolve to return inflation to target in the medium-term
- A sideline the OBR generates more uncertainty by worsening everyone's information basis
- welcome the usual close involvement in the budget process of the OBR
- government is right to stress the importance of economic growth
- changes in labor force participation are emerging as the key economic legacy of Covid in the UK
- rise in economic inactivity will hold a UK growth back