Loadsafunny
BoE:Shopping bills up 10% in disorderly exit BBC leaders’ debate off as talks collapse
RICHARD Branson may live in a Caribbean tax haven, but one thing he cannot avoid is Harry Enfield’s spot on send-up.
Enfield’s turn as the tycoon will have viewers in stitches. But we imagine the next time the comic gets a Virgin train, he might end up with the Jeremy Corbyn special – a spot on the floor. Bank boss Carney SHOPPING bills could soar 10% if we crash out of the EU without a deal, the governor of the Bank of England told MPs.
Mark Carney warned a plunge in the pound, tariffs and import costs could spark the rise.
He said: “In the most extreme scenario, on average your shopping bill goes up 10%.”
Even after an orderly no-deal departure, groceries could still rise by 6%, he added.
Carney also insisted to the Treasury Select Committee that critics of “doomsday” warnings last week were being unfair.
Brexiteers accused him of “project hysteria” after saying a worst-case no-deal would be worse than the 2008 crash.
Predecessor Mervyn King agreed, saying: “It saddens me to see the Bank unnecessarily drawn into this project.” Jeremy Corbyn THE BBC ditched plans for a TV Brexit debate between Theresa May and Jeremy Corbyn.
Some 10 days of negotiations collapsed last night over the format, with Labour wanting a head-to-head clash but the BBC proposing a panel debate as well to include other voices.
The showdown, set for Sunday evening, could now go to ITV, though No10 has so far objected to its terms.
Both Labour and the Tories accused each other of running scared of scrutiny.
A Labour spokesman said the BBC and the Conservatives had produced a “confused format with a built-in advantage for the Government” and branded the panel “lopsided”.
Downing Street said Jeremy Corbyn had “raised false and flimsy objections” to BBC plans.