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Food prices could go up if Brexit is disorderly, Bank of England governor warns

The Bank of England Governor Mark Carney, has warned that food prices could rise between five per cent and 10 per cent if there is a disorderly Brexit.
 
Mr. Carney told MPs that in the most "extreme" case, prices would rise by 10 per cent, but in a less severe scenario the increase would be about six per cent.
 
The Bank of England and its governor have attempted to assess the impact of Brexit on several occasions.
 
All its assessments have seen it as a potential negative for the economy.
 


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