UPDATE 1-No-deal Brexit would impair key UK industries -BoE's Carney - CNN News

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Friday, 2 August 2019

UPDATE 1-No-deal Brexit would impair key UK industries -BoE's Carney

UPDATE 1-No-deal Brexit would impair key UK industries -BoE's CarneyBank of England Governor Mark Carney said on Friday that some major industries could become unviable if Britain leaves the European Union without striking a deal with the bloc, adding that this was now a real prospect. New Prime Minister Boris Johnson says he will take Britain out of the EU on Oct. 31 - regardless of whether he gets a transition deal to keep trade running smoothly - prompting markets to price in a higher risk of a disorderly Brexit. Speaking a day after the BoE cut its growth forecasts for Britain's economy, Carney said he shared a view among the government and public that a no-deal Brexit was now a "significant possibility".




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