LONDON, Aug 3 (Reuters) - Bank of England Governor Mark Carney warned on Friday there is an “uncomfortably high” risk that Britain leaves the European Union with no deal.
Although such a “highly undesirable” scenario was unlikely, it was still a possibility and Britain and the EU should do all they can to avoid it, Carney said.
“I think the possibility of a no deal is uncomfortably high at this point,” Carney said in an interview with BBC radio.
Sterling fell to an 11-day low against the dollar on the comments. (Reporting by Andy Bruce and Costas Pitas; editing by Guy Faulconbridge)