BOE quarterly bulletin: Brexit still influencing household outlook

Here are some of the key highlights from the BOE's latest quarterly bulletin, released just a while ago.

   •  Brexit process is still influencing households’ outlook
   •  Households’ outlook more pessimistic on both general economy and own finances
   •  In the latest NMG survey, average household incomes and the average outstanding mortgage balance increased by slightly more than in aggregate data
   •  November’s rate hike to have limited impact on high debt households
   •  Balance sheet positions of households have improved significantly since the financial crisis
   •  However, survey points to a modest deterioration for households over the past year
   •  Approximately 2½% of households with a mortgage will need to take action following November hike