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BoE's Carney sees £16 billion economy boost if Chequers Brexit deal approved: FT
Bank of England Governor Mark Carney has told Prime Minister Theresa May’s cabinet that the economy could expect a 16 billion pound ($21 billion) bounce if May negotiates a Brexit deal based on her Chequers compromise plan, the Financial Times reported on Friday. Carney told ministers that if May succeeded in negotiating a deal similar to the Chequers plan — which foresees a free trade area in goods and agriculture — there would be an economic bounce, the FT said. The optimistic assessment of the Chequers deal came from “a pick-up in investment, more people to move jobs, and a pick-up in consumer confidence ... (full story)
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