Article 3QR8B Brexit vote has cost each UK household £900, says Mark Carney

Brexit vote has cost each UK household £900, says Mark Carney

by
Richard Partington
from on (#3QR8B)

Bank of England governor's comments risk renewed confrontation with Brexiters

British households are more than 900 worse off after the vote to leave the EU, according to the governor of the Bank of England, in comments that risk a renewed confrontation with senior Brexit supporters in the government.

Comparing the current state of household finances with forecasts made by the Bank before the referendum, prepared on the basis of a remain vote, Mark Carney told MPs that household incomes were now significantly lower than expected.

Related: Business leaders say economic nationalism is biggest growth threat

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/business/economics/rss
Feed Title
Feed Link http://feeds.theguardian.com/
Reply 0 comments