ALEX BRUMMER: Put William Hague back in his box and keep the Bank of England out of politics 

The enduring legacies of Gordon Brown and Ed Balls' sojourn at the Treasury were the decisions to free the Bank of England from political control and to keep the UK out the euro.
Brown-Balls had the courage to do what a succession of chancellors from Nigel Lawson onwards failed to do and granted it operational independence. 
Those powers were enhanced after the financial crisis when banking supervision and financial stability were returned to Threadneedle Street.
Theresa May set the dogs of war loose on the Bank and governor Mark Carney in her Tory conference speech, a theme embraced by... read more

Wednesday, 00:21 in Business, Views: 35
Source: Daily Mail

    News Widget for Webmasters

    Bring Eugene's son back home immediately

    Realtime News


    Mo Tu We Th Fr Sa Su
              1 2
    3 4 5 6 7 8 9
    10 11 12 13 14 15 16
    17 18 19 20 21 22 23
    24 25 26 27 28 29 30