The Bank of England, and its increasingly hapless governor Andrew Bailey, is facing a growing wave of criticism. Inflation may have come down a little, but it is still way over its 2% target, and, more seriously, it is way higher than in almost every other major developed economy. The Bank insists that inflation in the UK has mainly been caused by global pressures. But other countries have done
The worst person for the job
Aug 04, 2023
2 minutes
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