LONDON: Mark Carney is tying the Bank of England’s next interest-rate shift to the success of Brexit negotiations.
After raising interest rates for the first time in more than a decade on Thursday, the governor said the pending divorce from the European Union (EU) is the main risk to the outlook, aggravating existing weaknesses that have hobbled the economy and holding back potential growth.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
