The governor of the Bank of England has told Sky News he expects inflation to fall "rapidly" in just weeks - but warned two thirds of the pain from interest rate rises is yet to come.Īndrew Bailey made the comments after interest rates were increased for a record-breaking 12th successive time, lifting the cost of borrowing to 4.5% earlier on Thursday. She said that she has just changed the approach, rather than scrapped the policy, saying: "I think it's the right thing for the legislative program that we have and the country." I need to do the thinking and the doing."Ĭhallenged on the fact that she is talking about MPs in her own party, she said: "There are many people across parliament, in the media, and in the commentariat who make a lot of noise, but they're not the ones who have to do the doing." "And I think that is more illustrative of the problem we have, that there are too many people who spend a lot of time talking. She recalled a meeting with Tory MPs about retained EU law, saying: "I asked MPs who had been in that meeting what they wanted to remove, and they couldn't say anything.
I went in there, I spent quite a few months going through the detail." She said: "There are a lot of people who talk but can't do. Kemi Badenoch replied that she "laughed out loud when I read that." In a short preview clip released by the network, presenter Tom Newton Dunn asked her about a quote in The Telegraph from a Tory MP that read: "You need a tough minister but Kemi is a lay minister who's having rings run around her by remainer officials". Ms Badenoch has now hit back at her critics in an interview with Talk TV that is set to air later tonight. This has led to Kemi Badenoch, business and trade secretary, being criticised by backbench MPs, both publicly and behind the scenes.
As we have been reporting, some Conservative MPs are furious with the government for ditching the long-promised "bonfire" of over 4,000 EU-era laws by the end of this year, settling for just a few hundred instead.
0 kommentar(er)
