Bank of England Chief Economist Andy Haldane
British businesses are more worried about Brexit uncertainty than was the case a few months ago, Bank of England chief economist Andy Haldane said on Wednesday.
"While mentions of Brexit have fallen from their referendum peak, it is notable that they have picked up sharply over the past few months, with measures of uncertainty following suit," Haldane said in a speech at Estonia's central bank.
Haldane was referring to an analysis of businesses conversations with its network of regional staff.
Last month the BoE raised interest rates to 0.75 percent, only its second increase since before the financial crisis more than a decade ago.
Economists polled by Reuters do not expect the BoE to raise rates again until after Britain leaves the European Union in March next year.
The bulk of Haldane's speech focused on how central bank communication could win public trust at a time of widespread distrust of traditional institutions.
He defended the central bank's policy of 'forward guidance' on interest rates, which he said had given households and businesses a useful steer, even if some financial market participants found it lacking.
"Pricing interest rates in financial markets was not the main purpose of forward guidance in the first place," he said. "By allaying fears about too-rapid a rise in rates, it is likely to have encouraged spending and supported the economy," he added.
Britain's Brexit minister Dominic Raab said the government's proposal on the post-Brexit border between the British province of Northern Ireland and EU member Ireland was the only credible one, Germany's Spiegel Online reported on Tuesday."These are so far the only proposals that guarantee smooth trade between Britain and the EU and take account of the specific problems in Ireland. I have seen no other credible alternative, either from here or from the EU side," Raab was quoted as saying.Spiegel Online said Raab had spoken to several European media.N.Ireland's DUP unconvinced by Irish Sea technological border
UK Brexit minister sees no alternative to Irish border plan
Britain and the European Union can reach a deal on Britain's withdrawal from the bloc if they preserve the integrity of the EU's single market, the EU's chief Brexit negotiator Michel Barnier said on Monday.In a tweet, after meeting the Spanish prime minister in Madrid, Barnier said Spain had the EU's full support in negotiating with Britain on the status of Gibraltar after Britain leaves the EU in March 2019."A deal with the UK is possible if integrity of Single Market is preserved. Full support for Spain in its negotiations w/ UK on Gibraltar, which need to conclude asap," Barnier said on Twitter. UK PM May's spokesman: We are confident of reaching Brexit dealUK must heed IMF's 'clear warnings' on no-deal Brexit: HammondUK faces 'significantly worse' outlook if no Brexit deal: IMF
Brexit deal possible if EU market integrity kept: EU's Barnier
Britain's biggest carmaker Jaguar Land Rover said it will go down to a three-day week at its Central English Castle Bromwich plant just days after its boss warned about the impact of Brexit and diesel policy.The Castle Bromwich facility will operate a three-day week from October until the beginning of December in a move which will avoid job cuts, a spokeswoman said."In light of the continuing headwinds impacting the car industry, we are making some temporary adjustments to our production schedules at Castle Bromwich," the company said in a statement.Last week, the firm's boss Ralf Speth warned that the wrong Brexit deal could cost tens of thousands of car jobs and risks production at the firm.He also said that the government had demonized diesel cars, contributing to 1,000 job losses at the company earlier this year. 
Jaguar Land Rover to cut output at UK car plant after warnings on Brexit
British Prime Minister Theresa May is confident of reaching a Brexit deal with Brussels but the government is fully prepared in case no agreement is possible, her spokesman said on Monday."We have set out that we are confident of reaching a deal with the European Union and that we are making progress ... but you also heard from the prime minister this morning ... that our best days are ahead of us. We are putting in place plans which will allow the UK to succeeded in all scenarios," the spokesman told reporters. UK faces 'significantly worse' outlook if no Brexit deal: IMFThe alternative to my Brexit deal is no deal: UK PM May
UK PM May's spokesman: We are confident of reaching Brexit deal