that was john mcfarlane in his capacity as chairman of city u.k..et's bring in george berkeley, glenn southwood, and mark gilbert. gentlemen, thank you for staying around. when you look at the brexit debate, how should investors think about brexit and what it means for the boe? --k carney >> it is another reason not to move, a lot of laundry list explained earlier. one of the ways to think about brexit is to look back at this referendum, which got to the cliff edge becaus. this will be messier, nastier. it has much more political ramifications. the conservative party and how they will deal with it, you don't want to be holding the currency at a time when the government is in disarray. francine: george, back to your point that it looks less likely. we're not really going to have an interest rate hike for the end of the year, right? >> unless we see inflation starting to move up more aggressively. oil prices are going to be that, so it will push downward pressure. they could put upward pressure on inflation in the longer run, because as people have mo

anna: in a bloomberg exclusive, john mcfarlane told francine lacqua the capital could lose business and its rivals. >> i think it would take quite a while for continental financial services centers to emerge, and so that would be a process over a very long period of time. i doubt there would be immediate erosion. of course, new york is a competitor. competition, but new york would in some way try to take advantage and probably be marginally successful. i think part of the problem is that talent goes where the money is, in other words the real economy. not just talent, but business goes where the opportunities are. we just had several years of emerging markets being the dominant growth engine in the world as a whole, with the developed world relatively subdued. all of that has just changed with a big china and weakness in the emerging markets. we are in a very different world now. some time ago, had that maintained itself, the real threats to london or singapore or hong kong -- i'm not so sure anymore. anna: let's check in on the markets. caroline hyde is here to wrap things up. caroline

mcfarlane. eighth-grade students were excited to hear ben carson address gun control. , principalm maryland at eastern middle school -- two students interviewed eric holder for their c-span video project. illinois representative john , i was tweeted interviewed by students for their c-span project. there is $100,000 in prizes with a grand prize of $5,000. the deadline is january 20, 2016. winners will be announced march 9. for more information, visit studentcam.org. next, hillary clinton in new hampshire. then, the latest developments in the 2016 campaign. after that, a house hearing on house inquiries. at a campaign event in new hampshire, presidential candidate hillary clinton was endorsed by planned parenthood action fund. this is the first primary endorsement ever by the organization. we begin with an announcement by cecile richards. this is just under an hour. [applause] ♪ [applause] ms. richards: they asked me what song i wanted to come out to. i felt like i had to dance a little bit. thank you to our incredible young leaders. thank you, the tosha, for sharing your story and being an amazing leader. can we give it up for kelly robertson, the most awesome organizer? [applause] ms. richards: i was back there w