Anger as Carney hits out at Brexit
BANK of England governor Mark Carney was branded “an agent of Project Fear” after he claimed the British economy had weakened after the Brexit vote.
On ITV’s Peston on Sunday show yesterday Mr Carney said the Bank’s forecast for investment in the UK was 20 per cent lower than the prediction in May 2016 – one month before the historic referendum. He added that it also affected wages.
Mr Carney said: “Since the referendum what we have seen is that business investment has picked up but it hasn’t picked up to the extent one would have expected given how strong the world is, how easy financial conditions are, how high profitability is and how little capacity they have.
“It should really be booming and it’s just growing.”
Former director of the British Chambers of Commerce John Longworth, co-chairman of Leave Means Leave, said: “Mark Carney has been consistently negative about Brexit since even before the British people voted to leave the EU.
“He is acting as an agent of Project Fear and seems oblivious to the economic benefits of Brexit.
“He needs to accept the referendum result and look to the huge opportunities Brexit can bring.”
WHAT on earth is the Governor of the Bank of England thinking? Mark Carney predicted an economic collapse if Britain voted for Brexit, which singularly failed to materialise, and ever since then has been predicting one disaster after another.
The latest is the totally unprovable claim that Britain’s economy is 20 per cent lower than it would have been had we stayed in the EU.
For a start it is the job of the Governor of the Bank of England to talk the country’s economy up, not down. And secondly this is beginning to look suspiciously like pique.
This country did not follow the instructions of some members of the great and good, among them Mark Carney, to reject Brexit and so instead we are getting bad-tempered outbursts that sound like an echo of Project Fear.
It will not do. Mr Carney, like our politicians, must accept that we are leaving the EU and do his utmost to work for the betterment of Britain. This Eeyore act is beginning to grate.