Daily Archives: Tuesday, October 3, 2017

A former UK Chancellor attempts to save face and just becomes confused

On May 6, 1997, just 4 days after coming to office in what was to become Tony Blair’s retrogressive regime, the then British Labour Chancellor Gordon Brown announced that Labour would legislate the so-called independence of the Bank of England. … Read the rest of this entry »

Posted in Britain, Central banking, Fiscal Statements, UK Economy | 6 Comments