LONDON — The Bank of England (BoE), which signalled a few weeks ago that a fresh interest rate cut was likely in November, has been put on the spot by signs that Britain’s economy has weathered the initial shock of the Brexit vote better than expected.While the prospect of a rocky divorce from Europe means Britain may need further stimulus from the BoE at some point, a survey of the services sector released on Wednesday suggests the economy has so far avoided a sharp slowdown.The survey added to other indicators that have undermined the view held by many private sector economists until recently that Britain was heading for a recession after it voted to leave the EU.Ben Broadbent, the bank’s deputy governor for monetary policy, acknowledged the surprising resilience of the economy since the June referendum, while adding it was too soon to say what it meant for the longer term. He told investors to wait for the BoE’s next policy meeting on November 3, when it would give a quarterly up...
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