Former Bank of England boss lashes out at Truss as he claims she turned UK into 'Argentina on the English Channel'

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Former Bank of England governor Mark Carney has launched a scathing attack on Liz Truss, accusing her of turning Britain into "the Argentina on the Channel.”
Mr. Carney said the former prime minister – who launched her own attack on Rishi Sunak's government – had a “fundamental misunderstanding of what drives economies”.
The former Bank chief , governor between 2013 and 2020, spoke. against Brexit and right-wing populists during a speech in his native Canada.
He said they were engaged in "a wrecking business" and had dealt with cuts in taxes as a “Pavlovian reaction to every problem.”
Mr. Carney added: “This meant that when Brexiteers tried to create Singapore on the Thames, the Truss government delivered Argentina on the English Channel instead.”
But Ms Truss walked away then taken to the old Bank of England The Governor of England said he was "defensive" about his role in the "25-year economic consensus that led to low growth in the Western world".
The row came as Ms Truss used the first anniversary of her disastrous mini-budget to attack the "anti-growth coalition" and urge the Sunak government to cut taxes, cut social spending and to increase pensions.
The former prime minister – kicked out of Number 10 by her own party after just six weeks – called on the Conservative party to embrace free market ideologies and abandon some green commitments in the face of cost pressures. life.
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Ms Truss began her speech at the Institute for Government by joking about having had a “rather more relaxing September than last year” , before making repeated plug-ins for his next book.
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Former Bank of England boss lashes out at Truss as he claims she turned UK into 'Argentina on the English Channel'

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Former Bank of England governor Mark Carney has launched a scathing attack on Liz Truss, accusing her of turning Britain into "the Argentina on the Channel.”

Mr. Carney said the former prime minister – who launched her own attack on Rishi Sunak's government – had a “fundamental misunderstanding of what drives economies”.

The former Bank chief , governor between 2013 and 2020, spoke. against Brexit and right-wing populists during a speech in his native Canada.

He said they were engaged in "a wrecking business" and had dealt with cuts in taxes as a “Pavlovian reaction to every problem.”

Mr. Carney added: “This meant that when Brexiteers tried to create Singapore on the Thames, the Truss government delivered Argentina on the English Channel instead.”

But Ms Truss walked away then taken to the old Bank of England The Governor of England said he was "defensive" about his role in the "25-year economic consensus that led to low growth in the Western world".

The row came as Ms Truss used the first anniversary of her disastrous mini-budget to attack the "anti-growth coalition" and urge the Sunak government to cut taxes, cut social spending and to increase pensions.

The former prime minister – kicked out of Number 10 by her own party after just six weeks – called on the Conservative party to embrace free market ideologies and abandon some green commitments in the face of cost pressures. life.

Ms Truss began her speech at the Institute for Government by joking about having had a “rather more relaxing September than last year” , before making repeated plug-ins for his next book.

Unlimited access to streaming movies and TV shows with Amazon Prime Video