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.”