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Banking chief says Brexit has already cost each household £900

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Post  fatbob5 Wed May 23, 2018 12:08 am

The governor of the Bank of England has revealed the decision to quit the European Union is already hitting hard-working families in the pocket.


Speaking before the Commons Treasury Committee Mark Carney told MPs economic growth was between 1.5% and 2% lower than predicted on the eve of the referendum. .....


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Banking chief says Brexit has already cost each household £900  Empty Re: Banking chief says Brexit has already cost each household £900

Post  Flap Zappa Wed May 23, 2018 4:44 pm

fatbob5 wrote:

The governor of the Bank of England has revealed the decision to quit the European Union is already hitting hard-working families in the pocket.





Speaking before the Commons Treasury Committee Mark Carney told MPs economic growth was between 1.5% and 2% lower than predicted on the eve of the referendum. .....


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it's amazing how much of the media carries this story without making as much of the  Carneys quote about business investment will soar after we leave.
Carney of course was entirely wrong with his pre brexit forecasts.

the question should what effect has quantitative easing, bank bailouts and forcing interest rates into a decade long low had
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