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The Independent UK
The Independent UK
National
Rob Merrick

Boris Johnson return would alarm markets, former Bank of England chief warns

Reuters

The return of Boris Johnson would worry financial markets, a former Bank of England deputy governor is warning – even as borrowing costs begin to rise as the prospect looms.

Charlie Bean predicted “concern” that the extraordinary re-election of the former prime minister – tipped to have the backing of more than 100 Tory MPs – would bring fresh disarray to Downing Street.

Asked if it might “spook” the markets, he said: “There might be some concern about whether this was going to be a stable government again, given the instability that we had at the end of Johnson’s term as prime minister.

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