Henry Pryor

Bank of England Governor Mark Carney is reported to have told Cabinet that house prices might fall by 35% in the event of "a had Brexit". I've spent the day explaining to radio stations that this was not a prediction or forecast but rather the bank stress-testing in the event that this were to happen. They did similar modelling in November last year.  I'm chatting here to Rachel Berden and Nicky Campbell and in due course to Sean Farrington. This link helps clarify what has happened. https://www.bbc.co.uk/news/business-45516678