BOE’s Ramsden says Brexit has put U.K. into an unusual slowdown – Brexit will lead to a long period of sluggish growth in the U.K., putting the economy in an “unusual” slowdown for years, according to Bank of England policy maker Dave Ramsden. In his first public speech since becoming deputy governor in September, Ramsden said that while the resilience of the economy since the 2016 vote to leave the European Union has been welcome, the longer Brexit uncertainty persists, the more likely it is that demand and investment growth will weaken. The former Treasury official, one of two Monetary Policy Committee members to unsuccessfully vote against this month’s interest-rate increase, said that he has a different view of the economy from the majority of his colleagues. He said there may be more slack in the economy than headline figures suggest and that domestically generated inflation pressure is below levels consistent with the bank’s 2 percent target.