BOE will watch balance of payments risk from EU vote: top official

London

THE Bank of England (BOE) will monitor the risk that Britain's European Union (EU) membership referendum could make it harder for the country to finance its large current account deficit, a top official at the central bank said.

Ben Broadbent, a deputy governor at the BOE, said it was clear that the decision by British Prime Minister David Cameron to hold the in-out vote created some uncertainty.

"This is a political decision to hold this, so I am not going to suggest that the effects on investment or the uncertainty about the outcome are re…