Economics

Carney Says U.K. Slowdown Underscores Need for Brexit Certainty

Carney Says Uncertainty Remains Elevated Amid `Fog of Brexit'
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The U.K.’s slower-than-expected growth in the final quarter of 2018 underscores the need for certainty on Brexit, according to Bank of England Governor Mark Carney.

Figures earlier this week showed the U.K. economy grew just 0.2 percent in the three months through December, rounding off the weakest year for expansion since 2012. The slowdown was worse than economists had forecast and below the rate predicted by the BOE.