Labour was not elected on a programme of wholescale reform of the "commanding heights" of the economy. It was elected to deliver pragmatic economic and social policies acknowledging the economic constraints imposed on an individual nation state. With this in mind, the Chancellor's move to allow "symbolic" freedom for the central bank to set interest rates is an act of good faith.
Councillor JEREMY KILLINGRAY
London Borough of Hackney (Lab)
London E8Reuse content