IPPR claims Rachel Reeves need to likewise prompt Bank to halt bond sales to reduce government losses of ₤ 22bn a year
Rachel Reeves need to impose a brand-new bank tax and advise the Bank of England to halt bond sales to lower the government’s ₤ 22bn-a-year losses from quantitative easing, the IPPR thinktank has argued.In a report
called Fixing the Leak, the IPPR’s associate supervisor for economic plan, Carsten Jung, says the Treasury needs to check the expenses of QE as public financial resources are limited.
Source: The Guardian