The Bank of England has announced that Brexit will not result in restricted access to the European Union’s (EU) single market, provided that regulations are regarded as equivalent to those set by the EU. The Bank of England is currently testing British banks' ability to cope with any economic fallout from a Chinese slump. In a speech on Wednesday, Governor Mark Carney said there would be no change for EU citizens living and working in Britain after Brexit.
The Bank of England has announced that Brexit will not result in restricted access to the European Union’s (EU) single market, provided that regulations are regarded as equivalent to those set by the EU. In a speech on Wednesday, Governor Mark Carney said there would be no change for EU citizens living and working in Britain after Brexit.