Bank of England Governor Mark Carney speaking at a press conference at the Bank of England in London, Monday Feb. 25, 2019. Uncertainty, he said, “will persist beyond the Brexit date.”Britain is due to leave the EU on March 29. Brexit uncertainty has increasingly weighed on the British economy in recent months, with business investment taking a particularly big hit. The Bank of England is ready to pump more liquidity into the U.K. financial system as it prepares for the country’s scheduled exit from the European Union on March 29. The pound has spiked to a month-high against the dollar after Britain’s main opposition party said it was ready to back a second referendum on the country’s exit from the European Union.

Source: Washington Post February 26, 2019 10:05 UTC