BoE's Haldane admits forecasting errors in run-up to Brexit

Predicted economic shock

clock • 2 min read

Andrew Haldane, chief economist at the Bank of England, has admitted the central bank misjudged the impact of the Brexit vote on the UK economy.

The Bank came under strong criticism for its role in 'Project Fear' in the run-up to the European referendum, forecasting a dramatic economic slowdown if voters elected to leave the EU. However,...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

SMF finds support for giving young people one year of state pension early as a lump sum

SMF finds support for giving young people one year of state pension early as a lump sum

SMF finds support for giving young people one year of state pension early as a lump sum

Professional Pensions
clock 09 June 2026 • 3 min read
Supporting longer-term financial wellbeing

Supporting longer-term financial wellbeing

Laura Mason sets out the work L&G is doing as part of its Decades Ahead programme

Laura Mason
clock 09 June 2026 • 4 min read
HMRC launches consultation on GMP conversion tax changes

HMRC launches consultation on GMP conversion tax changes

The body said regulations would apply from the 2027/28 tax year

Holly Roach
clock 09 June 2026 • 2 min read
Trustpilot