'UK-specific component' of post-mini-budget market turmoil, Bank of England chief economist says, contradicting government defence

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The Bank of England's chief economist has contradicted the government by saying there is an 'undoubtedly a UK-specific component' to the market reaction of the past six days

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Huw Pill has counteracted the government's claim that the market turmoil which followed last week's mini-budget is down to broader market factors experienced by other economies, such as supply chain difficulties and the war in Ukraine.

 

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Kind of him to understate the hard work of kamikwazi and *that's a disgrace Liz*

This is absolute rubbish, the media frenzy has created this storm in a teacup. Our plan will work: filterdown will take its course. Caviar complimented with a nice blossom hill will pour into food banks once my austerity plan kicks in.

Yes it's called 'Trussup feckup ' dithering wench how in the name of good feck did that become PM.holy feck .

Yea the rest of the world is saying “WTF”…..

So, in other words, he's saying that Truss and her chancellor fooked it all up by doing exactly what Sunak said shouldn't be done. Go Tories! 🤣🤣🤣

Please decipher

You mean give the rich even more money and the market think this is total bullshit

UK specific component and dynamic run.

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 /  🏆 35. in TH

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