Britain’s relationship with the European Union is working but the Bank of England will do whatever is needed to adapt should Britons vote to leave the bloc in a referendum, BoE Governor Mark Carney said on Wednesday.
“Our job is to make whatever the British people decide work,” he told Sky News. “And there’s a status quo, we’re making that work and we think it is working, but if things change we will do what’s necessary.”
Britain is due to vote before the end of 2017 on whether to stay in the EU, and Carney attracted criticism last month from anti-EU campaigners after he delivered an upbeat assessment of membership of the bloc.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.