Friday, June 24, 2016

Bank of England poised to stem Brexit shockwaves: euronews (in English)

Published on 24 Jun 2016
The Bank of England Governor Mark Carney has said its ready to intervene and provide additional help to prop up financial markets.

In a televised statement he said there will be a period of uncertainty and adjustment after the Brexit vote: "We are well prepared for this. The Treasury and the Bank of England have engaged in extensive contingency planning. The Bank will not hesitate to take additional measures as required as markets adjust and the UK economy moves forward.

"As a backstop, and to…

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