BoE's Mann says not much trade diversion from China to the UK; Import prices are a positive contribution to UK CPI

• Worries about sluggishness in both spending and productivity.

The comments from BoE's Mann indicate that while there isn't significant trade diversion from China to the UK, import prices are contributing positively to UK CPI. This suggests that inflationary pressures might persist despite concerns about weaker spending and productivity, which could complicate the BoE's policy stance going forward as they balance inflation control with economic growth.