You are here

BoE's Carney hints at economic uncertainty ahead of Brexit vote

1811637230754 - 19_01_2016 - BRITAIN ECONOMY BANK OF ENGLAND MARK CARNEY SPEECH.jpg
Bank of England Governor Mark Carney said the central bank detected some economic uncertainty ahead of a referendum on Britain's European Union membership, but he stressed that investment intentions by businesses remained sturdy.

[LONDON] Bank of England Governor Mark Carney said the central bank detected some economic uncertainty ahead of a referendum on Britain's European Union membership, but he stressed that investment intentions by businesses remained sturdy.

"We pick up heightened awareness about upcoming political events, some of which don't have a timeframe yet, but investment intentions in businesses outside the energy sector continue to be robust," Carney said, answering questions following a speech in London.

Prime Minister David Cameron is seeking to reform Britain's ties with the bloc before a referendum which he has promised to hold by the end of 2017 and could take place around the middle of this year.

REUTERS

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom