Bank of England Governor Andrew Bailey today denied claims he had failed in his job and had been ‘asleep at the wheel’ as Britain careers towards a year-plus recession and faced a ferocious backlash after admitting inflation will pass 13 per cent.
Critics said Bank officials including its £575,000-a-year boss should ‘rue the day’ they decided not to raise interest rates last year and last night Attorney General Suella Braverman said interest rates ‘should have been raised a long time ago and…
