Bank of England governor Mark Carney: Risk of no-deal Brexit now 'alarmingly high'

Mark Carney has told Sky News the risk of a no-deal Brexit is now 'alarmingly high', branding suggestions such a scenario could be managed as 'absolute nonsense'. In an exclusive interview with Sky News, the governor of the Bank of England defended its gloomy forecasts for what a cliff-edge Brexit would mean and denied they amounted to scaremongering. He said the Bank's thinking on the issue - which included predictions of an economic shock - had been demanded by a committee of MPs and involved the work of hundreds of staff, including its economists.