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| Mark Carney speaks on BBC's 'The Andrew Marr Show' |
David Cameron's plans for a referendum on Britain's membership of the European Union are "bad" for the economy and could hamper investment, the governor of the Bank of England has warned.
Mark Carney said that the prospect of a referendum will create "uncertainty" for businesses and mean that they "hold off" on investment.
He compared the referendum, which is due to be held in 2017, to the near collapse of the banks and the financial crisis in the Eurozone.
His intervention is likely to prove embarrassing to Mr Cameron, who has pledged to reform Britain's relationship with the European Union before an in/out referendum in 2017. » | Steven Swinford, Senior Political Correspondent | Sunday, February 16, 2014
