“The Bank of England is preparing a contingency plan for the aftermath of Britain’s referendum on European Union membership.
However Mark Carney, the Governor, said the central bank will not predict the likely outcome or economic consequences of a vote to leave.
Mr Carney also acknowledged that uncertainty about the outcome was fueling instability for the pound in evidence to MPs on the Treasury select committee.
Mr Carney said: “We’re treating this vote exactly how we treat any other political event, which is not to make a judgment on the outcome and assume the status quo continues. …”
So, where is our Local Enterprise Partnership’s Plan B, bearing in mind it sees one of its funding streams as being the European Union? AND, if there is a Brexit, will the cost of Hinkley C increase, it being majority-funded in France?
Our chances of finding out from the LEP – zero.
East Devon Watch 