U.K. Economy Will Grow More Than BOE Forecast, Saunders Says

Updated on
  • Newest policy maker says 2017 growth will likely be above 1%
  • Speech adds to evidence BOE may revise up forecasts on Nov. 3

The Canary Wharf financial, shopping and business district on the banks of the River Thames in London.

Photographer: Simon Dawson/Bloomberg

The U.K. economy will likely grow more next year than the Bank of England forecast in August, policy maker Michael Saunders said in his first public speech since joining the central bank.

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