Carney Rubbishes UK Economic ProspectsBrexit, EU, European Union, economics, Carney, Tosca Fund, Savvas Savouri

TIGER OF THE STRIPE

Tiger of the Stripe Blog

Carney Rubbishes UK Economic Prospects

Mark Carney, Governor of the Bank of England, issued dire warnings about Brexit before the EU Referendum. Now he has repeated his doom-mongering. He is very much Osborne's creature and his analysis is tainted. To deliberately talk down the economy after the referendum is. at best, irresponsible and, in my opinion, he must go (as should Osborne whose two Treasury reports were completely demolished by David Blake of the Cass Business School). Savvas Savouri of Tosca Fund Asset Management was entirely dismissive of Carney's comments on the Today programme this morning, saying that he was completely ignorant of macro-economics.

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