Published 3 days ago

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

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