Andy Haldane: we can fix the cost of living crisis. But will we?
by Larry Elliott and Richard Partington from on (#61FTD)
The Bank of England's former chief economist has a clear idea of what caused the current inflation mess, but fears the UK lacks any clear plan for solving it
Andy Haldane has a simple but stark message for those seeking to replace Boris Johnson as prime minister: Britain has serious economic problems and they won't be solved by massive tax cuts.
Nor, according to the man who until last year was chief economist at the Bank of England, does the solution to Britain's cost of living crisis lie with the decisions Threadneedle Street makes about interest rates.
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