Theresa May in surprise attack on Bank of England's interest rate actions

Theresa May in surprise attack on Bank of England's interest rate actions
 

In a surprise attack on the Bank's actions, Mrs May said people with assets had "got richer" while those without had suffered and savers had been left "poorer" since interest rates had been cut to historic lows.
The Prime Minister said the time had come for a new approach to support growth.
She said: "While monetary policy - with super-low interest rates and quantitative easing (QE) - provided the necessary emergency medicine after the financial crash, we have to acknowledge there have been some bad side effects.
"People with assets have got richer. People... read more

 
5 October 2016 in Regional West, Views: 31
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