Tories reject Bank of England governor Andrew Bailey's suggestion that Brexit had harmed trade as growth flatlines
A senior Labour figure argued that a youth mobility deal to allow under-30s migration is a “no brainer” in the wake of Trump’s victory.: “Bailey’s Bank of England printed money for fun for years and then took too long to spot the post-Covid inflation spike, and he has the gall to blame Brexit for our low growth?
His comments were echoed by Frank McKenna, chief executive of networking and lobbying business Downtown In Business, who was one of 120 business leaders who signed a letter in support of Labour ahead of the election. “The plan isn’t as clear as it needs to be. They say, ‘We will cut rid red tape and we’ll allow people to build, build, build’. That has got to happen as quickly as possible.”