Carney warns on no-Brexit deal

|By:, SA News Editor

Bank of England Governor Mark Carney warned senior government ministers of spiraling interest rates and a 35% crash in home prices should Brexit take place without a deal. The bank, he says, cannot be counted on to cut rates to offset a chaotic exit.

One wonders if any of the minsters asked Carney about his prediction of financial meltdown should U.K. voters approve of Brexit.

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