Tag Archives: More Accountable To The British People

UK Column News – Mike Robinson – More Accountable To The British People – 14 December 2014

UK Column

Yesterday the Bank of England announced its plans for future transparency and accountablity over the setting of interest rates.

Bank of England

About the Author Mike Robinson Editor

In 1997, when Tony Blair was elected to government, the price of that was the so-called independence of the Bank of England. Of course, the Bank was always independent of government, despite its “nationalised” status, but there was one thing in particular it couldn’t do: set interest rates. Continue reading