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

Published Tue, Jan 19, 2016 · 01:59 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    [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

    Share with us your feedback on BT's products and services