There is a “significant possibility” of a no-deal Brexit that will leave people in Britain paying more for food and petrol, according to Bank of England governor Mark Carney.
- The Irish Times
In a BBC Radio interview on Friday, Mr Carney said that while the Bank of England would do everything it could to support the economy if the UK leaves the EU without a deal, such an outcome would be inflationary.
While a probable drop in the pound would help the economy adjust, that would drive up prices in supermarkets and…