Former Bank of England Chief Slams Reeves’ ‘Black Hole’
Guido’s not the only one fed up of hearing the constant cry of the so-called ‘black hole’ from Labour. Former Chief Economist at the Bank of England Andy Haldane warned Reeves’ ominous black hole chat generates “fear” amongst businesses, investors and consumers. He told Sky News last night:
“That’s generated fear and foreboding, an uncertainty among consumers among businesses among investors…which is unfortunate because just after the election there was a sense of refresh, a sense of renewal a confidence about the UK both domestically and internationally.”
For a party claiming to be one of business and growth, Reeves should know that showing weakness and uncertainty doesn’t exactly fuel a position of strength…
