Mark Carney has told Sky News the risk of a no-deal Brexit is now "alarmingly high", branding suggestions it could be managed as "absolute nonsense". In an exclusive interview with Sky News, the governor of the Bank of England defended its gloomy forecasts for what a cliff-edge scenario would mean and denied they amounted to scaremongering. He said the Bank's thinking on the issue - which included predictions of an economic shock - had been demanded by a committee of MPs and involved the work of hundreds of staff, including its economists. He told Sky's Samantha Washington that a shock continued to be his view, ... (full story)