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Both pros and cons of leaving EU often overstated

Although he said that it would be “a bit of a yawner”, Bank of England Governor Mark Carney’s speech on the UK’s membership of the EU contained something for both the pro- and anti-Europe camps to seize upon (with arguably more for the pros). Mr Carney’s points were all reasonable ones, but there are caveats to them all.

We will obviously be hearing a lot from both sides of the EU debate in the coming months and most of it should probably be taken with a pinch of salt. We doubt that the UK’s economic outlook hinges on the Brexit question.

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