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.
Now read: BoE: Steady Course In Stormy Waters »
Subscribe for full text news in your inbox