Politics

Minister ‘surprised’ at Bank of England’s ‘apocalyptic’ food price warning

A Cabinet minister has said he was “somewhat surprised” to hear the Bank of England warn of “apocalyptic” food price rises.

Northern Ireland secretary Brandon Lewis was quizzed by Sky News’ Kay Burley on the comments made by BoE governor Andrew Bailey in a select committee appearance on Monday.

Mr Lewis said: “I was somewhat surprised to see that particular turn of phrase because obviously we can all see that prices can move… one way or another relatively speedily.”

Articles You May Like

Qualcomm says it expects $4 billion in PC chip sales by 2029, as company gets traction beyond smartphones
New Kubota KATR farm robot concept wins CES innovation award
The PM wants to focus on global affairs – but the noisy protests back home will only get louder
Glastonbury tickets sell out in 35 minutes
FCA chief ‘among applicants’ for cabinet secretary post