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Monday 25 April 2016

Bank of England says Banks would leave the City if we left the EU

The head of the Bank of England says Banks would leave the City if we left the EU

Mark Carney hints BREXIT could prompt banks to leave London if we voted to leave the EU.

He says major banks have already got contingency plans in place in case we do vote to leave.

Watch him talk about the threat to the City of London if we left the EU here.



Here is the response from a leave EU campaigner and Tory MP, Jacob Rees-Mogg MP, who thinks the head of the Bank of England was out of line making pro EU statements in public.



And here is a BBC news report on the Bank of England's comments with Jacob Rees-Mogg again.

Here is suggests that there has been some element of collusion between the head of the Bank and David Cameron who has been applying pressure wherever he can to push for a stay vote from the public.



Do you think the head of the bank of England should be making pro EU political points, or should he stay out of the debate and be impartial as the Tory MP suggests he should?

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