Secret Bank of England taskforce investigates financial fallout of Brexit

[bananas]

http://www.theguardian.com/business/2015/may/22/secret-bank-of-england-taskforce-investigates-financial-fallout-brexit

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

A secret Bank of England taskforce is researching the possible financial shocks of the UK’s exit from the EU. Photograph: Emmanuel Dunand/AFP/Getty Images

Phillip Inman Economics correspondent
Friday 22 May 2015 14.11 EDT

Bank of England officials are secretly researching the financial shocks that could hit Britain if there is a vote to leave the European Union in the forthcoming referendum.

The Bank blew its cover on Friday when it accidentally emailed details of the project – including how the bank intended to fend off any inquiries about its work – direct to the Guardian.

According to the confidential email, the press and most staff in Threadneedle Street must be kept in the dark about the work underway, which has been dubbed Project Bookend.

It spells out that if anyone asks about the project, the taskforce must say the investigation has nothing to do with the referendum, saying only that staff are involved in examining “a broad range of European economic issues” that concern the Bank.

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[dixiegrrrrl]

1. Wonder how the news "accidentally" was sent to the paper? n/t