Brexit effects showing up already, says Carney

The Governor of the Bank of England has pledged to shore up financial stability in Britain as he warned that the risks from the country's shock decision to leave the European Union have started to crystallise.

“There is the prospect of a material slowing of the economy,” Mark Carney said at a press briefing in London after the central bank published its bi-annual Financial Stability Report. “The number of vulnerable households could increase ...