BoE Gov Carney: Positive long-term prospects for the UK economy

BoE Governor Carney, in an interview with the Scotland Herald, said that there are "positive long-term prospects for the UK economy".

Additional headlines

We expected a material slowing in the economy as a consequence of the decision to Leave

That is not a comment on the long-term prospects for the UK economy. There are positive long-term prospects for the UK economy.

It is a product of a period of uncertainty and adjustment that naturally is under way. It is a slowing from strong growth to something less than that.