Bank of England’s EU exit strategy leaked to national newspaper – by its head of press

A senior official at the Bank of England “inadvertently” sent research assessing the economic dangers of the UK leaving the European Union to an editor at a national newspaper.

The Bank was left in an embarrassing situation on Friday after it accidentally emailed details – including how to fend off inquiries related to the report – directly to the Guardian newspaper.

A Bank spokesperson said that the error was “unfortunate”.

The leaked documents reveal a small number of senior staff are examining the economic effects should the UK leave the EU, according to the email detailed by the Guardian.

The report, dubbed Project Bookend, was so confidential that staff working in head office in Threadneedle Street were to be kept in the dark – with inquiries fended off by explaining the taskforce concerns “a broad range of European economic issues” and making no reference to the forthcoming referendum.

Prime Minister David Cameron has promised an in/out referendum on the UK’s EU membership by the end of 2017.

Yesterday the Bank released a statement regarding the leak.

“While it is unfortunate that this information has entered the public domain in this way, the Bank will maintain this approach.”

Full article: Bank of England’s EU exit strategy leaked to national newspaper – by its head of press (The Independent)

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