Brexit is no longer the biggest risk to the UK financial system

Thursday, January 12, 2017 - 16:41:16

(VOVworld) - Brexit is no longer the biggest risk to the UK financial system, Bank of England (BoE) Governor Mark Carney declared on Wednesday in front of the House of Commons Treasury Select Committee.
brexit is no longer the biggest risk to the uk financial system hinh 0
Bank of England Governor Mark Carney (Source: Getty Images)
Carney said the BoE has taken steps to reduce the negative impacts of Brexit on UK markets. He warned policy makers that the EU faces greater financial risks from Brexit than Britain does. His statement contradicted the BoE’s previous opinion back in June that Brexit would be the biggest risk to UK financial stability, which sends the pound sterling to the 3-month low.

Wednesday February 22, 2017

Wednesday February 22, 2017

(VOVworld) - We’re very glad to get a letter from David Ansell of Sussex, England, after quite a long time. He listened to our broadcast on January 19 on 7280...

More

Vietnamese "Ao dai" promoted in South Korea

Vietnamese

(VOVworld) - It’s freezing cold during winter in South Korea. But the harsh weather cannot keep Vietnamese women there from wearing “Ao dai” – the traditional Vietnamese long dress, which...