The Bank of England is on standby to pump billions of pounds into the financial system in case of market turmoil following a vote to leave the European Union in June. The plans emerged ahead of an appearance in the Commons on Tuesday by Mark Carney, the Bank’s Governor, where he will be questioned by MPs on the potential impact of Brexit on the money markets. The Bank could offer cash to the major banks around the time of the referendum to ensure money continues to flow through the system. Similar emergency steps were taken during the financial crisis in 2008 and privately considered – but not taken – during the ... (full story)