Matthew Lynn Matthew Lynn

Has Mark Carney just ended the campaign for a ‘People’s Vote’?

The headlines will inevitably write themselves. The Bank of England backs Theresa May. The Prime Minister’s beleaguered and precarious deal is the best of all the options available and the economy may well get through the next few months largely unscathed. Following the testimony this morning from the Bank’s governor Mark Carney, most people will pick up on the support he has given to the Prime Minister and his reassurance that the economy will survive our departure.

And yet there were two more significant points that emerged from his testimony.

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Matthew Lynn
Written by
Matthew Lynn
Matthew Lynn is a financial columnist and author of ‘Bust: Greece, The Euro and The Sovereign Debt Crisis’ and ‘The Long Depression: The Slump of 2008 to 2031’

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