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The Committee asked the three organisations to publish their analyses in good time before Parliament comes to vote on the Brexit deal. Mrs Morgan has today written to the Bank and FCA to further clarify the Committee’s expectations about the timing and content of this work.
The Committee has appointed Professor Sir Stephen Nickell, former member of the Office for Budget Responsibility’s Budget Responsibility Committee, as a specialist advisor to work on its Brexit inquiry, and specifically to advise on the economic impact of the Withdrawal Agreement. Mrs Morgan has written to the Chancellor to request that Treasury officials will be allowed to engage with Professor Nickell as part of his work.
Mrs Morgan has also asked Mark Carney, Governor of the Bank of England, to provide public clarity on the briefing he gave to Cabinet on 13 September, which was reported as containing a forecast that house prices would fall by a third in a ‘no deal’ scenario. [...]
Correspondence from the Chair to Mark Carney on the Brexit Withdrawal Agreement
Correspondence from the Chair to Andrew Bailey on the Brexit Withdrawal Agreement