Carney issues sharp warning over Brexit

Mark Carney
BoE governor Mark Carney
Bank of England

The Bank of England’s monetary policy committee (MPC) left its policy rate unchanged today (August 1), as governor Mark Carney warned that uncertainty over Brexit was harming the economy.

Carney told the monetary policy press conference that “it is clear the level of uncertainty is affecting business”. He said it was “also clear there has been a substantial shortfall in investment”, adding: “It is beginning to become clear that the trade response to lower sterling has begun to fade.”


Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account