Bank of England Guv warns of "uncomfortably high" risk of no-deal Brexit

Although such a "highly undesirable" scenario was unlikely, it was still a possibility and Britain and the EU should do all they can to avoid it, Carney said.

Bank of England Governor Mark Carney warned on Friday there is an "uncomfortably high" risk that Britain leaves the European Union with no deal.

Although such a "highly undesirable" scenario was unlikely, it was still a possibility and Britain and the EU should do all they can to avoid it, Carney said.

"I think the possibility of a no deal is uncomfortably high at this point," Carney said in an interview with BBC radio.

Sterling fell to an 11-day low against the dollar on the comments.

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