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By David Robinson
     LONDON (MNI) - Bank of England Governor Mark Carney said the risk of a no
deal Brexit was "alarmingly high", speaking in an interview with Sky TV.
     No deal was the biggest risk to financial stability from the Brexit
process, Carney said, adding that real progress had been made preparing for this
eventuality.
     Referring to the risk of no deal, he said: "It's alarmingly high now."
     Last August he had described the risk as uncomfortably high.
     His comments came as opposition Labour leader Jeremy Corbyn was set to meet
with Prime Minister Theresa May to try and find a way out of the Brexit impasse.
--MNI London Bureau; tel: +44 203-586-2223; email: david.robinson@marketnews.com
[TOPICS: M$B$$$,M$E$$$,M$$BE$]

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