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'Project Hysteria': How Mark Carney's papers covered Brexit forecast | Politics



The warning from the Bank of England governor Mark Carney about the economic impact of a no-deal Brexit is over Thursday's front pages, with papers showing their Brexit colors in their reporting of 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 labeled 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.

The Telegraph
(@Telegraph)

The front page of tomorrow's Daily Telegraph 'Carney unleashes Project Hysteria' #tomorrowspaperstoday pic.twitter.com/VYKt7bUm2W


November 28, 2018

The Daily Express also has Rees-Mogg's quote in its splash: "Bank boss Carney's 'Project Hysteria'" and showed his leanings by not leading the lead of Carney's comments but with the fact he "faced a fierce backlash."

"MPs tore into the governor's latest bleak prognosis, accusing him of meddling in politics by trying 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 a brutal recession No Deal Brexit, Bank of England warns https://t.co/qO0whglB5h pic.twitter.com/JuhTnk5S4l


November 28, 2018

The Daily Mail ignores Carney's comments, focusing instead on news that reflects more favorably on the PM. Continuing his newfound support for May and his Brexit plans, the Mail's main story is that "senior EuroSceptic Cabinet" Andrea Leadsom will give her support to May over the Brexit agreement: "Key Breititeer cabinet: I'm backing May's deal."

Allie Hodgkins-Brown
(@AllieHBNews)

Thursday's Daily MAIL: "Key Cabinet Brexiteer: I'm Backing May's Deal" #bbcpapers #tomorrowspaperstoday pic.twitter.com/BYkTHZjJxg


November 28, 2018

The Guardian plays it straight: "Warnings over economic deal blow to May's Brexit strategy," citing the Bank of England's warning and the "Whitehall official analysis [which] It concluded that in all Brexit scenarios, including May's final deal, the UK would be worse off. "

The Guardian
(@guardian)

Guardian front page, Thursday 29 November 2018: Warnings over economic deal blow to May's Brexit strategy pic.twitter.com/EDqFU5jzFc


November 28, 2018

The Times follows a similar vein, and reports Carney's comments: "No-deal Brexit" would be worst crash since the 1930s. "

Allie Hodgkins-Brown
(@AllieHBNews)

Thursday's TIMES: "No-deal Brexit" would be worst crash since the 1930s' " #bbcpapers #tomorrowspaperstoday pic.twitter.com/MtrN8nXpQz


November 28, 2018

The FT says "May forced to grant all Brexit roads will lead to a poorer Britain." The i also lays things out pretty straight "Bank warns of worst economic slump since second world war," adding "Labor warming now to a second referendum."

Allie Hodgkins-Brown
(@AllieHBNews)

This week's NEW EUROPEAN: "Nobody voted to be poorer" #bbcpapers #tomorrowspaperstoday pic.twitter.com/wcpDpFa4Af


November 28, 2018

The (obviously anti-Brexit) weekly magazine, The New European, which has had some cracking front pages in the past few months, has another blinder today, and the headline is: "Nobody voted to be poorer."

The anti-Brexit Daily Mirror paper somewhat buries the headline, splashing with "May's deal will cost us £ 100 billion," before adding (in much smaller type) that "it still beats the £ 200bn price of no deal."

Allie Hodgkins-Brown
(@AllieHBNews)

Thursday's Daily MIRROR: "May's Deal Will Cost Us £ 100 Billion" #bbcpapers #tomorrowspaperstoday pic.twitter.com/v0lrtNQiMj


November 28, 2018


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