Former Bank of England policymaker Michael Saunders says leaving EU has ‘permanently damaged’ economy
Brexit is the ultimate reason why the UK now faces a fresh round of austerity, a former interest rate-setter at the Bank of England has said.
“The UK economy as a whole has been permanently damaged by Brexit,” Michael Saunders, a former external member of the central bank’s Monetary Policy Committee said in an interview with Bloomberg TV.
Former Bank of England policymaker Michael Saunders says leaving EU has ‘permanently damaged’ economyBrexit is the ultimate reason why the UK now faces a fresh round of austerity, a former interest rate-setter at the Bank of England has said.“The UK economy as a whole has been permanently damaged by Brexit,” Michael Saunders, a former external member of the central bank’s Monetary Policy Committee said in an interview with Bloomberg TV. Continue reading…
