The UK economy’s slowdown is clear to all. Except the Bank of England

The UK economy’s slowdown is clear to all. Except the Bank of England

Mark Carney is not so much an unreliable boyfriend as a schoolboy who keeps getting his homework wrong. The Bank of England governor gave his quarterly review of the economy last week and yet again confounded earlier expectations that he would increase the cost of borrowing.

Whereas in the past C…

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