Mark Carney: No-deal Brexit ‘could be as bad as 2008 financial crash’

Bank of England governor warns Cabinet of high unemployment and 35% drop in house prices

Mark Carney
Bank governor Mark Carney has adopted a hawkish tone
(Image credit: Getty images)

A no-deal Brexit could leave Britain facing a financial crisis on the scale of the 2008 bust, the Bank of England governor has warned.

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
To continue reading this article...
Continue reading this article and get limited website access each month.
Get unlimited website access, exclusive newsletters plus much more.
Cancel or pause at any time.
Already a subscriber to The Week?
Not sure which email you used for your subscription? Contact us