Bailey-King Debate: Bank's Pandemic Response

The Bank of Englands Governor, Andrew Bailey, defended the Banks quantitative easing measures during the pandemic, stating they were necessary to prevent widespread company failures and a breakdown of the banking system. However, his predecessor, Lord King, accused the Bank of contributing to Britains highest inflation in forty-one years. The debate continues over the long-term effects of the Banks pandemic response.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.