Brexit will knock 5% off wage growth, says Mark Carney

Mark Carney speaks during the central bank’s quarterly inflation report press conference in the City of London.The Bank of England has warned that economic uncertainty caused by the Brexit vote will knock 5% off UK wage growth by the year end.Mark Carney, the bank’s governor, said British workers had already suffered a loss in earnings growth of 3.5% - compared with pre-referendum forecasts - after inflation is taken into account, and would see that loss swell to 5% by the end of the