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NEW: No Deal risks “alarmingly high” and it’s “absolute nonsense” to say it could be managed, says Bank of England Governor Mark Carney in exclusive Sky News interview with @skynewsSam news.sky.com/story/mark-car…
🔥 Carney also says the idea tariff free trade be now guaranteed... without a deal via WTO Article 24 (ie key to the so-called Malthouse compromise) “Forget the fiction… (it's) absolute nonsense. It needs to be called out.”
And then goes on to mention Customs Union "I might point out that they want to become better acquainted with the secretary of state for Trade who in Parliament has made the point that it cannot apply unless both parties agree, and unless you're moving towards a... customs union."
Video clip of Governor Carney:
