You may rememberMark Carney giving evidence to the Monetary Policy Comittee said that the pound was likely to fall quite sharply following a brexit vote, but that the BOE were putting contingency plans in place. That nice Mr. Rees-Mogg called for Mr. Carney's resignation. Following the vote the pound fell sharply, Mr. Carney reassured the market that the BOE has a contingency plan in place following which the pound stabalises. Mr. Rees-Mogg was not available for comment at this time.
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Sun 26 Jun 2016, 18:50,
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