John McDonnell MP, Labour’s Shadow Chancellor, responding to a speech by the Governor of the Bank of England, said:

“Mark Carney is right to highlight the worrying fall in business investment over the past year, with investment underperforming in historical terms, and compared to other advanced economies.

“It’s essential the government takes ‘no deal’ off the table immediately and listens to Labour’s calls for a Brexit deal that includes a customs union and a strong relationship with the single market.”