Canada
This article was added by the user . TheWorldNews is not responsible for the content of the platform.

I’ve never ‘rubbished’ the Bank of England, says UK’s Kwarteng

Author of the article:

Reuters

Reuters

LONDON — British finance minister Kwasi Kwarteng denied ever “rubbishing” the Bank of England after he scrapped his plan to abolish the top rate of income tax, a measure in his “mini-budget” that triggered the bank to intervene to steady the gilt market.

“I’ve never rubbished the Bank of England, I’ve never ever rubbished the Bank of England,” Kwarteng interjected when the assertion was made by a BBC reporter. (Reporting by Kylie MacLellan and Muvija M, Writing by Paul Sandle; editing by James Davey)

Sign up to receive the daily top stories from the National Post, a division of Postmedia Network Inc.

By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300