BOE's Carney: mechanical impact of world trade disruption on UK would be manageable

Here are some of the key highlights from the BOE Governor Mark Carney's comments during a press conference about the latest Financial Stability Report (FSR) released this Wednesday.

   •  Global risks are material and increasing.
   •  Global trade tensions have intensified.
   •  Global risks could crystallize longstanding risks of a snapback in interest rates.
   •  UK consumer, company debt-service burdens are low.
   •  Banks' capital has risen, can withstand a Brexit shock.
   •  Rising protectionist sentiment could sap the strength of the global economy.
   •  Mitigating cliff-edge Brexit risks to the financial system also rely on efforts from EU.