‘I have people in tears because they cannot make payments’

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'I have people in tears because they cannot make payments'

Journalist and broadcaster Nick Ferrari says that people call his show ‘in tears because they cannot make payments’.

The Bank of England "regrettably" made mistakes that have fuelled inflation in the UK, its former chief economist has told Sky News.

Andy Haldane said the Bank had printed money through its programme of quantitative easing for "longer than it needed to" as it tried to help the economy recover from COVID – and also suggested it had acted too slowly to increase interest rates.

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Date: September 5, 2023