Mervyn King tells Laura Kuenssberg who is to blame…
‘If I were to blame anyone, I would blame the economics profession for encouraging (central banks) to print money (like) it didn’t matter.
Speaking to Sky News off the back of Rachel Reeves’ Air Passenger Duty hike, Ryanair chief executive Michael O’Leary said:
“Labour is dependent on those Red Wall seats, and yet every move she makes poisons economic growth and damages the UK’s recovery… it’s the Chancellor who stumbles from policy misstep to policy misstep… I think her policy decisions are incredibly stupid.”