Seeing as the financial sector accounts for a much greater share of the UK economy, at 6.7%, than it does in the rest of Europe, 2 UK bank shares will be at the epicentre of market jitters.
So it’s not surprising that Mark Carney, governor of the Bank of England, has spoken out, as part of the BoE’s monetary and financial stability mandate, on the repercussions of a Brexit and points to the likelihood of negative short-term effects.