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BANK of England Governor Mark Carney yesterday said a vote by Britain to leave the European Union could hit the country’s US$2.9 trillion economy and prompt some banks to move away from London’s global financial powerhouse.

In his strongest intervention so far in the politically charged debate about Britain’s EU referendum, Carney said he was not making any recommendation about how to vote.
But his comments, in an often heated exchange with euroskeptic lawmakers, are likely to be welcomed by Cameron who is battling to swing voters behind the “In” campaign.
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