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Carney: interest rate cut will make Brexit a ‘success’

Carney: interest rate cut will make Brexit a ‘success’

Bank of England (BoE) governor Mark Carney has told MPs that the decision to cut interest rates and introduce a package of fiscal stimulus measures will make Brexit a ‘success’. Carney has been criticised over the way the BoE handled its reaction to the vote to leave the EU. In a package of reforms announced last month, the

BoE prepared to provide £250bn to support markets

BoE prepared to provide £250bn to support markets

The governor of the Bank of England Mark Carney has said that the bank is prepared to inject up to £250 billion to stabilise financial markets if required. In a speech following the UK’s vote to leave the EU this morning, Carney (pictured) responded to deep uncertainty in the markets following the results. The FTSE 100 index

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Channel Islands

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