Why Brexit economic predictions were wrong
Media playback is unsupported on your device

The Bank of England's forecasts on Brexit were partially wrong

Dr Graham Gudgin from the Centre for Business Research at the University of Cambridge tells the Today programme that the Bank of England's post Brexit economic predictions were based on a "flawed application of a fairly controversial technique".

He made the comments as the Bank of England partially acknowledges its forecasts for the economy after Brexit were wrong. Dr Gudgin argues the bank found information that supported the government's position and they stopped "asking questions" at that point.

  • 06 Jan 2017
Go to next video: Brexit: 'Spanner in the works'