Mark Carney under fire from Tory eurosceptics over Brexit transitional deal reports

Posted On: 
27th November 2016

Mark Carney is reportedly backing a Brexit plan that would mean the UK had not fully left the European Union until at least 2021. 

Mark Carney has repeatedly angered Conservative eurosceptics with his comments about the risk of Brexit to the economy
PA Images

According to the Sunday Times, the Governor of the Bank of England set out proposals for a transitional deal at two dinners this week.

The idea would see the UK remain under the jurisdiction of the European Court of Justice for at least five more years.

Anna Soubry attacks Conservative 'bully boys' over Mark Carney criticism

Mark Carney will stay on as Bank of England governor until June 2019

Greg Clark praises 'brilliant' Mark Carney ahead of announcement on Bank of England future

It comes as Theresa May told the Sunday Times magazine she wanted to “get on with the deal” and admitted that the issue of Brexit was keeping her awake at night.

“In this job you don’t get much time to sleep,” she said.

“We need to get on with the deal in terms of Brexit. We need to get the best deal possible for the UK.”

Mr Carney’s proposals have also been attacked by pro-Brexit ministers, the newspaper reported.

A source close to Foreign Secretary Boris Johnson said: “The Foreign Secretary wants to see the will of the people delivered as soon as possible.”

An unnamed Whitehall source said the idea was “ridiculous”.

“Who does Carney think he is?” they said.

“It’s not his place to start telling us what to do. He has his remit, he should stick to it. DD [David Davis], Fox and Boris all think four years is simply too long and wouldn’t look good in 2020.”