John Redwood says Gordon Brown did not strengthen Bank of England independence but reduced it. He argues the Bank lost control of debt issuance and big-bank regulation, with the Treasury approving QE moves that helped set up the banking crash.
published
John Redwood says Gordon Brown did not strengthen Bank of England independence but reduced it. He argues the Bank lost control of debt issuance and big-bank regulation, with the Treasury approving QE moves that helped set up the banking crash.
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