# Lord Mervyn King discusses the aftermath of Brexit

1 Faculty News October 11, 2016 ![Sky News logo](/sites/default/files/styles/246w/public/assets/images/skynews192x144.jpg?itok=x4DXq-2k)>

Excerpt from [Sky News](http://news.sky.com/story/lower-pound-a-welcome-change-says-former-bank-chief-lord-king-10612690) -- "During the referendum campaign, someone said the real danger of Brexit is you'll end up with higher interest rates, lower house prices and a lower exchange rate, and I thought: dream on. Because that's what we've been trying to achieve for the past three years and now we have a chance of getting it."

[Read more](http://news.sky.com/story/lower-pound-a-welcome-change-says-former-bank-chief-lord-king-10612690)