Carney: No deal risk 'alarmingly high'

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Brexit: Carney says risk of no deal is 'alarmingly high'

:"We're in a situation where the expressed will of Parliament is for some form of deal, so to put it in the double negative - Parliament is against no deal, the government, as expressed by the prime minister, is against no deal, the European Union is against no deal, and yet it is a possibility, it is the default option.

"So no deal would happen by accident, it would happen suddenly, there would be no transition - it is an accidental disorderly Brexit." He took aim at the idea promoted by several Brexiteers - and included in the Malthouse Compromise plan - which assumes that Article 24 of the General Agreement on Tariffs and Trade would allow free trade to continue with the EU while negotiations are in progress.

Mr Carney insisted that London's financial centre was ready to cope with the impact of a no-deal Brexit. "There are a lot of things to worry about in the event of a no-deal Brexit, but the financial sector is not one of them," he said.

 

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bankofengland has been struggling hard to contain the issues of Brexit with a deal let alone without a deal. It is not allowed by Government to tell us the details what has been spent to contain the fall out re economy , investment & GBP. BBCPolitics PhilipHammondUK

The reality is it’s Carney who must be alarmingly high, if he thinks people won’t see right through this latest pathetic attempt to scare them. God knows what he’s on, but if it’s legal I need to know his supplier😀

BBCWorld well that's a risk we are willing to take!

Project Fear 3: The Caryneying

🙂He's never been right and he's still wrong.

Well thank you Eric the orchestra leader for your analysis! Now go back to sleep!

Reminder: NOBODY VOTED FOR A NO DEAL!

Let's hope he's right for once!

Best news so far 👍

To avoid a no deal by accident we need a compromise. That compromise is the PM’s WA. It’s as good a deal as we can achieve under the circumstances. The further action to ensure all are accepting is a national confirmatory vote.

Excellent news! Bring on a NoDealBrexit!

the650

Tells us something we don’t already know !

No he didn't

Sadly wrong again

Ireland Ireland Ireland Ireland Ireland, Good Friday agreement, Border, Hard Border, NI not part of EU, Can anyone fix that first? Nope. Then go home. remain

No deal no problem

He is telling lies!! he’s in with them In Europe,

Keep it coming BBC

Alright Mr Carney government twats say you've got it wrong, although none of their money is at risk

Well no one in Europe wants Boris or Grove trying to wreck the EU for the next 12 months. Do u English have no introspection?

How can it be they’ve voted against haven’t they

Scaremongering

Isn’t it time he put interest rates up..they have been 0.00000000001 % for 15 years..I put a pound in the post office in 2004 ,it’s worth 50p now..

If a banker says a no deal brexit would be alarming then it can only be a good thing for the general public. Anything the banks don’t want is good with me.

Mr Carney insisted there are a lot of things to worry about in the event of a no-deal Brexit, but the financial sector is not one of them. Strange that, the people who can most afford it are going to be ok!

He not been sacked yet? When leaving the EU comes closer, the BBC wheel him out scaremongering...

Bring it on - we’re British... 😉👍

So let’s just remain

Yeah right.

BBC + Carney = Shit

GOOD! It's what we want! OUT - free & clear, and saving the country £39 billion. StillTime4WTO

Tonight leaked papers have revealed that many drugs have not been successfully stockpiled and disruption is inevitable with serious consequences for patients. THE GOVERNMENT HAS TOLD THE CLINICAL EXPERTS IT HAS WARNED ABOUT THIS NOT TO REVEAL THIS INFORMATION...... Disgusting!

BBC and all the morons who jump everytime they can and reduce the value of sterling are all traitors! All u lot been doing is help damage the country

With Jeresa in the driving seat god help us for Brexit

'Risk' is what we voted for not a deal suit remoaners.

Stooge

Not high enough

if you will join the eu join it ıf you won’t join it please shut up

Good !!!

Not as high as the likelyhood of a homosexual being stoned to death in brunei as of tommorrow, i think that is more important news tbh......we already know brexit is a soap opera to train the poor to be divided!

Surprise surprise!!!Carneys jumped on the EU leaders bandwagon. Wonder which one of them was on the phone to him asking him to repeat THE SAME line they've all been parroting since the sun came up this morning. Tragic twat.

A 'Carnet' is an instrument for temporarily taking something outside the UK. It's sad that Mr Carney doesn't spell his name a little differently so that we could temporarily export him.

Read the text people, the risk of us going out with a no deal is high. It the British Bias Corporation remember. Ffs.

Brexit is likely to turn into Bremain😅

Fingers crossed no deal & leave.

Sounds like kamikaze Japan!!

Good! UKParliament UKHouseofLords

Hope Carney will apologize after this one to Totally wrong again

You have no idea.... I have a CunningPlan it's called MV4.5 I've got Corbyn in my back pocket and it will p**s through Parliament next week.

Good.

Go home

No shit!

But this simple Fact moron Brexiteers never understand and dragging the whole country in to Economic Melt down which could easily Last for nearly two decades

Well that's his bonus in the bag!

Is this the same chap that has consistently got every financial forecast wrong since the last referendum?😳

Carney has so far been totally wrong and will be again

Excellent. Just do it.

I believe May was 8 yrs old when Brexit started 🤔 ObservationFromAnAmerican

No risk only scaremongering

Well spotted Einstein 👍🏻

Mr King the previous BoE Governor says the contrary.

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