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The Guardian - UK
The Guardian - UK
Business
Kevin Rawlinson

Brexit to blame for rising inflation, says former Bank of England governor

Mark Carney
Mark Carney said he had no pleasure in being proved right after the Bank’s warnings issued in 2016. Photograph: Reuters

Brexit is to blame for the soaring inflation driving the cost of living crisis in the UK, a former governor of the Bank of England has said.

Mark Carney, who pro-Brexit figures said should have been fired for warning about the economic dangers of leaving the EU prior to the vote, said he took no pleasure in being proven right because the resultant hardship had been placed on the backs of millions of ordinary people.

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