Mark Carney backed Theresa May’s draft Brexit deal on Tuesday, telling MPs that it would “support investment” and would increase certainty for business.
The Bank of England governor said the guaranteed transition period at least up to the end of 2020 gave greater clarity for companies to invest and spend.
“We welcome the transition arrangements in the withdrawal agreement and the possibility to extend the transition,” Mr Carney told MPs on the UK’s Treasury Select Committee.
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