Carney admits Brexit is no longer UK’s biggest stability risk

Mark Carney admits Brexit is no longer biggest risk

After significant coaxing, the governor of the Bank of England (BoE) has admitted the UK's vote in June 2016 to leave the European Union is no longer the biggest financial stability risk to the UK.

Appearing before the UK parliament's House of Commons Treasury Select Committee today (January 11), Mark Carney acknowledged the immediate risks surrounding Brexit had "gone down".

"In the run-up to the referendum, we felt it was the largest risk because there were things which could have happened

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