“It was seemingly a complete U-turn, especially from the Bank of England and tis policy to raise interest rates and tighten the UK economy and head off inflation,” he said.
“The pound, well, it tanked to all time lows against the US dollar, markets around the slumped fearing a deep recession.” Mr Greenwood said there had been “another surprise” as the Bank of England announced it would be buying bonds to be able to “pump even more money” into the economy.
Big Business and the Rich will benefit from UK tax cuts. They call it trickle down economics, but it never seems to trickle down. Back to Serfdom. 🥺
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