Home BoE’s Carney: Expecting material economic shock if no-deal Brexit

BoE’s Carney: Expecting material economic shock if no-deal Brexit

Updated: 5 Mar. 2019 | 17:02

While testifying before the House of Lords, Bank of England Governor Mark Carney explained that there has been progress in preparing for a disorderly Brexit but added that they would still experience a material economic shock if no-deal Brexit were to materialize.

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