Bank of England official flags risk of capital flight from UK
American academic worries about possibility of 'flighty' foreign funding being withdrawn at short notice
18 June 2019 - 15:57
London — Britain has become increasingly reliant since the 2016 Brexit referendum on “flighty” foreign funding that could be withdrawn at short notice, says an American official of the Bank of England.
Three years after voting to leave the EU, Britain is politically divided and the future of Brexit looks less clear than ever, raising questions about prospects for the world’s fifth-largest economy and its financing...
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