WIREDGOV

Commenting on the Bank of England’s emergency intervention to protect credit flow in the aftermath of the mini-budget, TUC head of economics Kate Bell yesterday said:

"The Bank’s intervention should tell the government that this budget must be reversed to protect Britain’s families and businesses.

"We need a new budget focused on stabilising the economy and getting wages rising. Not one that puts the UK at risk for the sake of tax cuts for the rich.”