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

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

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Economy 8 minutes ago (Oct 03, 2022 08:52)

© Reuters. British Chancellor of the Exchequer Kwasi Kwarteng takes part in a radio interview as he attends Britain’s Conservative Party’s annual conference in Birmingham, Britain, October 3, 2022. REUTERS/Toby Melville

LONDON (Reuters) – 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.

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

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