The Bank of England has been forced into a dangerous position
If investors believe the Bank is no longer able to control monetary policy, the UK’s economic crisis will deepen.
By![The Bank of England has been forced into a dangerous position The Bank of England has been forced into a dangerous position](https://dl6pgk4f88hky.cloudfront.net/2022/09/GettyImages-1243544163.jpg)
New Times,
New Thinking.
If investors believe the Bank is no longer able to control monetary policy, the UK’s economic crisis will deepen.
ByThe free-market thinkers and ideas behind the most radical economic experiment in Britain for 40 years.
ByAs shadow chancellor I always remembered a crucial truth: the markets do not like surprises.
BySterling is now worth just $1.07 – a fall of almost 10 per cent in one month.
ByKwasi Kwarteng’s reckless Budget is set to trigger a surge in interest rates that will hurt households when they can…
ByBritain’s richest CEOs will take home an extra £148,273 from next April.
ByThat is Kwasi Kwarteng’s logic.
ByThose earning over £200,000 will receive a tax cut of £4,000.
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