A pedestrian walks past the building of the Bank of England. Photo EPA / Andy Rain
The British central bank will investigate the economic consequences of a British exit from the EU. The Bank of England was secretly working to put such an investigation on its feet, but the plans now confirmed after reports about it in the Guardian.
The central bank of the United Kingdom in a statement on the website that it “would not be a surprise to come” that the bank investigates the consequences of political plans. British Prime Minister Cameron promised in the run-up to his recent re-election a referendum on such Brexit.
Plans were to remain secret
Although the Bank of England (BoE) plans in the Notice putting away as little surprise, it was not at all the intention that they were public. According to the internal memo in which the Guardian is based on, even had the majority of the employees of the BoE remain ignorant.
According to Reuters, it is because the central bank does not want to suggest that they are political business deals. In its statement writes BoE now:
“There are a lot of economic and financial consequences arising from the renegotiation and a referendum. It is our responsibility to examine issues related to our goals. “
Many concerns among entrepreneurs
Many British business owners are worried about an exit from the EU because they are being cut off from their main export markets. They also fear the consequences of a Brexit on the UK financial sector. The referendum on the departure will be held by the end of 2017.
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