Mark Carney downgrades Brexit risk to UK financial system

[UK Bohemian]

The Bank of England's governor tells MPs the implications of the EU vote are no longer the biggest risk to the financial system.

[url]http://news.sky.com/story/carney-downgrades-brexit-risk-to-uk-financial-system-10725271[/url]

[F.X Clampazzo]

That's good news, even if Brexit is still a very poorly thought out decision.

[BlackMageMari]

The problem is that you still haven't left yet. We really need to see until March what will happen.

It's still a terrible situation to be in.

[Gum100]

Hopefully when it happens they come to some decent transitional arrangements in a timely manner.

[BlackMageMari]

[QUOTE=Gum100;51656615]Hopefully when it happens they come to some decent transitional arrangements in a timely manner.[/QUOTE]

They needed a plan before the vote even went ahead. It's embarrassing that they didn't and still don't have a solid plan; it's really concerning for us for our economy and for the Northern Ireland situation.

[UK Bohemian]

[QUOTE=BlackMageMari;51656589][I][B]The problem is that you still haven't left yet. We really need to see until March what will happen.[/B][/I]

It's still a terrible situation to be in.[/QUOTE]

ok, perhaps you need to tell the governor of the BOE he's been a bit hasty, again.

[BlackMageMari]

[QUOTE=UK Bohemian;51656802]ok, perhaps you need to tell the governor of the BOE he's been a bit hasty, again.[/QUOTE]

Did I say he was being hasty? At what point did I criticise him personally?

He's obviously doing his job. But the problem is is that it's based on current data and I attribute the fact that the UK economy isn't doing worse (despite the fact that the Pound has lost SO MUCh value) is because there hasn't been an official change yet.

We really, really, have to wait and see.