The Governor of the Bank of England has taken an apparent swipe at Boris Johnson and warned that Brexit is unlikely to be "gentle stroll along a smooth path to a land of cake and consumption."

Mark Carney warned that Brexit is likely to lead to "weaker real income growth" as new trading arrangements with the EU come into force.

In a keynote speech this morning at Mansion House, he said that "since the prospect of Brexit emerged, financial markets, notably sterling, have marked down UK’s economic prospects".