Keep calm and carry on over interest rates, says Bank of England policymaker

A Bank of England policymaker has said it is too early to slash interest rates until there is more evidence of an economic hit from the Brexit vote and said rate-setters should "keep calm and carry on".

Kristin Forbes, one of the Bank's nine-strong Monetary Policy Committee (MPC), said there was no need to rush into a rate cut, adding that the impact on growth of the UK's decision to quit the EU would be slow moving.