BoE Deputy Governor Lombardelli (Q&A) says business investment has been strong in recent quarters, particularly in B2B
ORIGINAL · NewsquawkBoE Deputy Governor Lombardelli (Q&A) says business investment has been strong in recent quarters, particularly in B2BRead originalHide original
We are seeing a difference across sectors Consumer sectors seeing less pricing power With AI investment, we would expect this to continue, potentially growing Says it is a difficult and challenging outlook Does not see public sector pay as a risk Minimum wage rise is in line, or below people's expectations
Lombardelli described strong recent business investment, particularly in B2B, and said AI investment could sustain or potentially grow it; she also discussed sector pricing power, public-sector pay and the minimum wage.
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We are seeing a difference across sectors Consumer sectors seeing less pricing power With AI investment, we would expect this to continue, potentially growing Says it is a difficult and challenging outlook Does not see public sector pay as a risk Minimum wage rise is in line, or below people's expectations
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