Article 54AW9 Bank of England faces calls to overhaul 'restrictive' remit

Bank of England faces calls to overhaul 'restrictive' remit

by
Phillip Inman
from Economics | The Guardian on (#54AW9)

Move will accelerate recovery from coronavirus crisis, says Policy Exchange thinktank

The government should cut taxes and overhaul the Bank of England's restrictive" remit as part of a radical new pro-growth strategy to accelerate the recovery from the coronavirus crisis, according to a free market thinktank with close ties to the Conservative party.

Policy Exchange, which was co-founded by Cabinet Office minister Michael Gove, warned ministers to take a relaxed view of rising levels of debt and use cheap credit to boost the economy and protect jobs.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/business/economics/rss
Feed Title Economics | The Guardian
Feed Link https://www.theguardian.com/business/economics
Feed Copyright Guardian News & Media Limited or its affiliated companies. All rights reserved. 2025
Reply 0 comments