Mark Carney, the former Bank of England governor and now the UN special envoy for climate action and finance, attends the opening of Finance Day at the COP26 UN Climate Summit in Glasgow.
(Picture: AFP via Getty Images)Former Bank of England governor Mark Carney has defended his bleak warnings that Brexit would devalue sterling and add to inflation ahead of a recession.
He doubled down on his assertion that the UK economy had shrunk to less than 70% of Germany since Brexit. It came the day after the Bank of England hiked interest rates to 3 per cent causing misery for homeowners.
