Mark Carney

382 results

British prime minister Theresa May insists delivering the deal agreed with Brussels remains top priority but her government has decreed emergency no-deal plans must now be implemented. Photograph: Dominic Lipinski/PA Wire

“Just because you’ve put a seatbelt on, it doesn’t mean you should crash the car.” That, according to the numerous leaks that have marked British cab(...)

Ukip and pro-Brexit supporters in London, Britain. Photograph: Andy Rain/EPA

All versions of Brexit will leave the UK poorer. So said UK chancellor Philip Hammond as he attempted to sell what Theresa May sees as the least painf(...)

Markets are increasingly optimistic the Brexit worst-case scenarios will be averted. Deutsche Bank estimates the odds of a soft Brexit deal to be   50 per cent to 65 per cent. Photograph: Getty Images

There was much anguished commentary after Bank of England governor Mark Carney warned sterling could fall up to 25 per cent in the event of a no-deal (...)

Bank of England governor Mark Carney: he was described by Conservative MP Jacob Rees-Mogg as “a failed second-rate Canadian politician who is talking down the pound”. Photograph. EPA/Will Oliver

It’s been another bad week for experts. Mark Carney, Bank of England boss, was described by Conservative MP Jacob Rees-Mogg as “a failed second-rate C(...)

Nigel Farage and Jacob Rees-Mogg. “Folks, we’ve heard it all before,” Mr Farage said after the Bank of England governor said a chaotic EU exit could plunge Britain into its worst economic slump since the second World War. File photograph: Dan Kitwood/Getty Images

Hardline Brexiteers in the UK were raging this week after an analysis by the Bank of England concluded that a chaotic exit from the European Union in (...)

Bank of England governor Mark Carney: No-deal Brexit would be “a totally different situation than people have been living with and experiencing, certainly in advanced economies, for the last 30, 40 years.” Photograph: Will Oliver/EPA

A no-deal Brexit could plunge Britain into its worst economic slump since the second World War, with economic growth falling 8 per cent and sterling l(...)

Theresa May during her visit to  Scotland on Wednesday. MPs will hold a crucial vote on December 11th to approve or reject the Brexit deal agreed with EU leaders. Photograph: Russell Cheyne/AFP/Getty Images

The Bank of England’s chilling analysis of the possible impact of a no-deal Brexit, which followed a similar report from the treasury, drew a predict(...)

Margaret Thatcher, the former British prime minister who died five years ago. In the 1940s, the then Margaret Hilda Roberts gained a degree in chemistry from Oxford University.  Photograph: PA Wire

Margaret Thatcher was a deeply divisive figure during her lifetime and remains so five years after her death. News this week that Britain’s first fem(...)

Secretary-General of the Organisation for Economic Co-operation and Development (OECD) Jose Angel Gurria (left) and chief economist Laurence Boone address a press conference on the latest economic outlook. Photograph:  Eric Piermont/AFP/Getty Images

Britain would face a sharp economic hit in a no-deal Brexit scenario and should look to maintain the “closest possible” relationship with the EU to av(...)

Oxford Street, London. Activity in the UK services sector has slowed.

Business activity in Britain’s dominant services sector slowed to a seven-month low last month and firms’ expectations for the coming year are the glo(...)

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • Next
  • Last »