BOE FPC’s Sharp denies accusations that BOE had shown "startling dishonesty" in its pre-Brexit forecasts

Headlines crossing the wires last minutes, as the Bank of England (BOE) Financial Policy Committee (FPC) testify before the Parliament’s Treasury Select Committee (TSC).

Key Quotes from BOE FPC member Richard Sharp:

EU referendum transpired to be a significant domestic shock

Much of what BOE models predicted before referendum result has transpired

When asked if BOE has shown "startling dishonesty", says "absolutely not"