MARK CARNEY EASES MARKET FEARS WITH NEWS OF UK ECONOMY CHARITY SINGLE
Governor hope to secure Olly Murs in days ahead
The Governor of the Bank of England, Mark Carney, has moved quickly to ease further market tension this morning with news of a charity single to aid the UK economy.
Despite already recoiling from the body blow of losing its AAA credit rating that years of painful austerity were designed to protect, plunging sterling and the suspension of many commercial property funds over liquidity fears, Carney has called for calm after revealing that plans are ‘well under way’ for the release of a new single with some of the biggest names in the UK such as Olly Murs pencilled in to be a part of the project.
Speaking this morning Carney said, “I’ve made clear that we have robust contingency plans to cope with the economic shock of leaving the EU. The charity single forms a central plank of that strategy and we’ve been in extensive talks with experts like Gary Barlow and Simon Cowell to plan the best way forward,” adding, “We even asked Gary to chip in his tax but we’re not holding our breath.”
“Hopefully securing Olly Murs, as we plan to do in the next few days, sends out a clear signal that Britain is open for business.”
“I’d like to assure everyone that this matter is in hand and we have further fiscal contingencies at our disposal. These include reducing the counter-cyclical capital buffer held on bank's balance sheets, a further manoeuvre on interest rates and a nationwide appeal for every household to check down the back of the sofa.”