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The National (Scotland)
The National (Scotland)
National
Xander Elliards

Brexit a key reason for UK inflation, former Bank of England boss says

BREXIT is one of the key reasons why the UK’s central bank has been forced to raise interest rates despite an oncoming recession, a former governor of the Bank of England has said.

Mark Carney told BBC Radio 4 that the UK’s exit from the EU had “slowed the pace at which the economy can grow” – and that the value of the pound had never recovered from it.

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