Former Prime Minister Liz Truss has told LBC she believes Bank of England governor Andrew Bailey should resign over his reaction to her government's catastrophic 2022 mini-budget.
Former Prime Minister Liz Truss has told LBC she believes Bank of England governor Andrew Bailey should resign over his reaction to her government's catastrophic 2022 mini-budget. Asked by LBC’s Iain Dale if she believed she was ‘stitched up’, Ms Truss said the reaction to her mini-budget represented “groupthink rather than a conspiracy”. “They believe in the current economic model Britain has, they believe in the economic consensus.
Read More: From Israel & Rwanda to shoplifting and swastikas - a nervous Rishi Sunak covered it all with no notesRead More: Suella Braverman says Rwanda plan as it stands may send one 'token flight' but will not suffice as 'deterrent'“I think big mistakes have been made with monetary policy. I think interest rates were too low for too long. I think quantitative easing has done a lot of damage to our economy,” Ms Truss added.
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