Bank of England governor accused of bias in Brexit debate

Bank of England governor Mark Carney was yesterday accused of jeopardising the bank’s credibility in the European Union debate as he faced a fiery line of questioning from MPs.

While Mr Carney has spent months trying to avoid the political battle, a task Treasury Committee chair Andrew Tyrie compared to bomb disposal, some members of the committee said BOE statements including an October report and a letter published yesterday supported the government’s bid to keep the UK in the bloc. They questioned whether the central bank had overstated the positives.

“The language we’ve used in the report, the language we use in the letter, is careful,” Mr Carney told the committee. “To state the obvious, economic questions are important questions in terms of the broader decision the people of the UK have to make.”