BoE official: Paris attacks unlikely to have much impact on UK or global economy


  • World
  • Tuesday, 24 Nov 2015

Britain's Prime Minister David Cameron (3rd R) chats with Royal Navy personnel as they stand alongside a Royal Navy Wildcat multi-role helicopter, at RAF Northolt in London, Britain November 23, 2015. REUTERS/Justin Tallis/pool

LONDON (Reuters) - The attacks in Paris are unlikely to have a significant impact on the British or global economy, a Bank of England policymaker was quoted on Monday as saying.

Don Kohn, a member of the BoE's Financial Policy Committee, said the effects of the Nov. 13 attacks by militant Islamists, which killed 130 people, remained unclear but that similar incidents in the past had not had a big economic impact.

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