Gordon Brown’s 1998 Act effectively went against 400 years of English political development by ending Parliament’s sovereignty in monetary policy.
Central Bank Independence
Gordon Brown’s 1998 Act effectively went against 400 years of English political development by ending Parliament’s sovereignty in monetary policy.
The banking crises have shown the fragility of the banking system and the broader vulnerability of the global financial system.
The Workers Party publishes the following opinion piece as the beginning of a discussion over the question of the need to end the independence of the Bank of England (BoE).