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Economic growth will be slower - ex-Bank chief

UK economic growth will be slower in the aftermath of the Brexit vote than it would otherwise have been, according to former Bank of England deputy governor Sir Charlie Bean.

But Sir Charlie said British banks were not in danger of falling because of the falls in the financial markets and plunging pound seen on Friday.

He was asked by Martha Kearney if it was fair for some Leave campaigners to blame the Governor of the Bank of England, Mark Carney, for today's market turmoil - because of his warnings of a technical recession during the campaign.

(Photo: Women watches as sterling falls on graph. Credit: Reuters.)

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