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'As catastrophic as the financial crisis': Here's what Mark Carney warned politicians will happen to the UK economy after a no deal Brexit

Business Insider Friday, 14 September 2018 ()
'As catastrophic as the financial crisis': Here's what Mark Carney warned politicians will happen to the UK economy after a no deal Brexit**

· *Bank of England Governor Mark Carney privately warned the government of the potentially dire economic consequences of a no deal Brexit.*
· *Carney reportedly told Prime Minister Theresa May's cabinet on Thursday that a no deal Brexit outcome "could be as catastrophic as the financial crisis."*
· *Among the...
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Source: Reuters Studio - < > Embed
News video: UK finance minister says BoE governor to stay on

▶ UK finance minister says BoE governor to stay on 01:25

Mark Carney will stay on as Bank of England governor until the end of January 2020 to help navigate the turbulence of Brexit, Britain's finance minister said on Tuesday, as he warned time was running out to secure a Brexit agreement. Sonia Legg reports.

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