Sunak will be feeling the pressure from this if inflation doesn’t actually come down.
@noodle Technically he could take away the BOA’s independence if he truly wanted to, I believe Liz Truss threatened to do exactly that when they were fighting her tax plans, but the markets probably wouldn’t like it if he did. It’s weird to think that not so very long ago, politicians having complete control over interest rates was entirely normal.
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!ukpolitics@lemm.ee appears to have vanished! We can still see cached content from this link, but goodbye I guess! :'(
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