‘The Bank of England kept foot on the accelerator’ | Dr Gerard Lyons discusses cost of living crisis

GBNews published this video item, entitled “‘The Bank of England kept foot on the accelerator’ | Dr Gerard Lyons discusses cost of living crisis” – below is their description.

‘Last year, the Bank of England, quite arrogantly, decided that they were going to keep their foot on the accelerator.’

Dr Gerard Lyons criticises the Bank of England over their role in the cost of living crisis.

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About This Source - GBNews

GB News is a free-to-air television and radio news channel in the United Kingdom. The channel is available on Freeview, Freesat, Sky, YouView, Virgin Media and via the internet. Since 4 January 2022, an audio simulcast of the station has been available on DAB+ radio.

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The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government’s banker, and still one of the bankers for the Government of the United Kingdom, it is the world’s eighth-oldest bank.

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