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Reeves' plan 'unlikely to work', says ex-chief at Bank of England

Summary by iNews

Rachel Reeves’s plan for growth is “very unlikely” to work, a former chief economist at the Bank of England has warned.Andy Haldane, who left the Bank in 2021 and advised Jeremy Hunt on how to restore confidence in the UK economy after Liz Truss’s disastrous mini-budget, said the measures the Chancellor announced last Wednesday wouldn’t be enough.In an interview with The i Paper, Haldane said that in order to deliver on growth, the Government sh…

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iNews

Reeves' plan 'unlikely to work', says ex-chief at Bank of England

1 month ago·London, United Kingdom

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GB News

Blow for Rachel Reeves as Labour MP accuses her of ‘looking backwards’ with major plan

Rachel Reeves is “looking backwards” with her plan to expand Heathrow Airport, according to a Labour MP.Speaking on GB News, Barry Gardiner laid bare his opposition to the Chancellor’s ploy to add a third runway to the UK’s busiest airport.The Government says the move could create 100,000 jobs, but critics feel it flies in the face of its climate change commitments.“There’s much in the package which Rachel [Reeves] set out that I think was exemp…

1 month ago·London, United Kingdom

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