Mark Carney, Governor of the Bank of England, is now delivering his remarks before the Parliament’s Treasury Select Committee with key quotes found below.
- MPC doesn’t have a forecast for no deal Brexit.
- There are some advantages to run succession process once candidates know exact form of Brexit.
- Brexit negotiations are getting to a critical stage, there is a wide range of potential outcomes.
- The economy is operating as if there will be some form of Brexit transition deal.
- Less than 20% of firms are putting in contingencies for a no-deal Brexit.
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