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You wanted it, you got it: Carney defends BoE Brexit report

Reuters  |  LONDON 

By David Milliken and Huw JonesLONDON (Reuters) - Bank of England Governor Mark Carney hit back at critics of the central bank's warnings of a potentially big Brexit hit to the economy, denying allegations of scare-mongering made by some lawmakers who oppose Prime Minister Theresa May's plans.The BoE said last week that Britain could suffer greater damage to its economy than during the global financial crisis under a worst-case exit from the European Union.Carney, speaking to lawmakers on Tuesday, denied a suggestion that the BoE's scenarios were rushed out to help May get support for her ...

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First Published: Tue, December 04 2018. 18:00 IST
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