Kwasi Kwarteng critical of Bank of England: 'Something's gone wrong'

by 24britishtvAug. 5, 2022, 10:50 a.m. 22
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The business secretary, Kwasi Kwarteng, has criticised the Bank of England’s control of inflation, saying 'clearly something's gone wrong' at the institution, as prices are predicted to rise by 13% and the UK is forecast to suffer an economic downturn lasting more than a year.  Subscribe to Guardian News on YouTube ► http://bit.ly/guardianwiressub As a key supporter of the foreign secretary, Liz Truss, Kwarteng’s comments suggest the Bank’s independent mandate to keep inflation at 2% may be re-examined if she should become the next prime minister The Guardian publishes independent journalism, made possible by supporters. Contribute to The Guardian today ► https://bit.ly/3uhA7zg Sign up to the Guardian's free new daily newsletter, First Edition ► http://theguardian.com/first-edition Website ► https://www.theguardian.com Facebook ►https://www.facebook.com/theguardian Twitter ► https://twitter.com/guardian Instagram ► https://instagram.com/guardian The Guardian on YouTube: The Guardian ► https://bit.ly/guardiannewssubs Guardian Australia ► https://bit.ly/guardianaussubs Guardian Football ► https://bit.ly/gdnfootballsubs Guardian Sport ► https://bit.ly/gdnsportsubs Guardian Live ► https://bit.ly/guardianlivesubs

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