If the Bank of England doesn’t catch up, four per cent or five per cent inflation for a couple of years could cause real problems.
Posts Tagged: Andrew Bailey
Ryan Bourne: Furlough may have averted mass layoffs. But the Government’s next challenge is the reallocation economy.
Covid-19 is likely to have lasting effects on our preferences, where and how we want to work, and where we are able to travel.
Our exit from the EU should allow fresh thinking and a new regulatory approach – to allow the UK to reach its full economic potential.
Daniel Hannan: The City was always going to survive post-Brexit. But now we must diverge from EU rules, and allow it to prosper.
Brexit doesn’t just allow the City to make its regulatory regime more competitive; it obliges it to do so.
Stephen Booth: The challenges awaiting Lord Frost, who will take charge of Europe policy, and joins the Cabinet on Monday
One would suspect that the Government’s primary objective will be to stabilise and bed down the new relationship with Brussels.
The Chancellor is set to build a relief road to get round the present pile-up of Government, banks and business.
It will take a vast New Deal of actual spending to lift Europe out of Coronavirus slump and head off a deflationary depression.