Truss: Bank of England governor should resign
The Herald|April 16, 2024
THE Governor of the Bank of England should resign over his response to the 2022 mini-budget, Liz Truss has suggested.
Truss: Bank of England governor should resign

The former prime minister said she thought elected ministers should have more control over the policies set by the central bank and its chief, Andrew Bailey.

Ms Truss’ tenure in Downing Street lasted just 49 days, after her mini-budget triggered mass market turmoil.

In an interview with LBC, due to be broadcast last night, she also claimed her political opponents had attempted to “smear” her by blaming the fiscal event for the UK’s subsequent economic woes.

Ms Truss is touring the media ahead of the publication of her book, Ten Years To Save The West.

Asked by LBC if she thought Mr Bailey should still be governor of the Bank of England, she said: “No, I don’t.

“I certainly think there should be a proper investigation into what happened in September 2022, and the actions the Bank of England took.

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