Secret Bank of England taskforce investigates financial fallout of Brexit

News of undercover project emerges after Bank staff accidentally email details to the Guardian including PR notes on how to deny its existence

MPs are now likely to ask whether the Bank intended to inform parliament that a major review of Britain’s prospects outside the EU was being undertaken by the institution that acts as the UK’s main financial regulator. Carney is also likely to come under pressure within the Bank to reveal whether there are other undercover projects underway.

The report could prove incendiary, but without a public notice advertising the Bank’s research project, parliament and the public would be unable to demand its publication.