The warning from the Bank of England governor Mark Carney about the economic impact of a no-deal Brexit is all over Thursday’s front pages, with papers showing their Brexit colours in their reporting of the news.
The pro-Brexit papers have responded by condemning the governor’s intervention in the subject, led by the Daily Telegraph, with: “Carney unleashes ‘Project Hysteria’”.
The Telegraph has labelled Carney’s announcement “doomsday analysis”, and its story says: “Mark Carney has been accused of undermining the Bank of England’s ‘independence and credibility’ after publishing an analysis of the economic impacts of no deal so bleak it has been dubbed ‘project hysteria’.”
The source of this “Project Hysteria” line is staunch Eurosceptic MP Jacob Rees-Mogg.
(@Telegraph)
The front page of tomorrow’s Daily Telegraph ‘Carney unleashes Project Hysteria’ #tomorrowspaperstoday pic.twitter.com/VYKt7bUm2W
The Daily Express also has Rees-Mogg’s quote in its splash: “Bank boss Carney’s ‘Project Hysteria’” and showed its leanings by leading not with the straight news of Carney’s comments but with the fact he “faced a furious backlash”.
“MPs tore into the governor’s latest bleak prognosis, accusing him of meddling in politics by attempting to stoke up Project Fear once again,” said the paper
The Sun runs the punny headline “Carnage”, under a picture of Carney’s face, leading with the impact of a “brutal no deal Brexit” on house prices, which Carney warned could crash by 30%.
The Sun (@TheSun)
Tomorrow’s front page: House prices would plunge by 30% as Britain falls into recession in…
