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The PalArse of Westminster

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Exposing the hypocrisy, greed and incompetence of our "respected" elected political "elite".

Tuesday 10 October 2023

With Friends Like These...

 


The Labour Party, for reasons best known to itself, decided that an endorsement from Mark Carney (ex Governor of The Bank of England) for Rachel Reeves (ex employee of the Bank of England, and likely future Chancellor) would be a good idea.

Carney was a disastrous Governor, presiding over a period of excessive QE that stoked the fires of inflation and key architect of "Project Fear" that pushed people to vote to leave the EU.

The Bank of England, under the hapless and hopeless Bailey, has continued to fail to bring the tiger of inflation to heel. 

Any association with Carney and the Bank is not a good look for Reeves.

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