Bank of England boss warns Brexit vote could trigger 'technical recession' in the UK

Bank of England governor Mark Carney revealed a Brexit vote could trigger a possible "technical recession" in the UK as he warned the fall-out could hit growth, jobs and see the pound plunge in value.

Mr Carney said a recession - two quarters in a row of falling output - was one of the possible outcomes from a Brexit vote, but that the Bank had not compiled formal forecasts.