Mark Carney, governor of the Bank of England, has defended the banks approach to the Brexit debate and aftermath. Following the victory of the leave campaign, the bank followed a policy of monetary easing in an attempt to maintain growth by cutting interest rates (to 0.25%) and making a new commitment to print £170 billion of new cash. The Bank of England warned about the dangers of Brexit to the economy which has annoyed many pro-Brexit MP’s, but Mr Carney defends comments made by the Monetary Policy Committee and Financial Policy Committee in the run up to the referendum.

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