Mark Carney is playing politics with the economy
amendment to the Criminal Justice Act which will recognise a crime committed against an older person because of their age as a hate crime, and provide greater protection for older people.
Getting it right for older people is not just a moral issue – it goes to the heart of public service.
When we get it right for older people, we get it right for everybody. less for care in the home. Speaking of his future plans for the principality he said: “In the next few weeks I will be announcing a further bringing together of health and social care to make any support needed seamless across Wales. There’s cross-party support for that.”
The Daily Express has launched a Respect For The Elderly crusade and this week we called for a new Cabinet-level appointment to protect the rights of 12 million over-65s.
MARK CARNEY, Governor of the Bank of England, prefers to play politics rather than manage our economy well. First he campaigned against Leave, then he needlessly cut interest rates straight after the Referendum result. And now he threatens to keep those same interest rates ridiculously low – at great detriment to our economy – it seems just to satisfy his Remoaner mates’ desire to wreck a successful Brexit.
I know English premier football teams have great faith in hiring managers from abroad but it will be a blessed relief to Albion United when the Machiavellian Canadian steps down next year. To be honest, do we have to wait that long?
Carney’s stint as Bank of England Governor has been bad news for this country. Under his stewardship the rich have got richer and the poor have been left behind.
His insistence on keeping interest rates at ultra-low levels has led to the price of housing rocketing to a height that means most of our children can only dream about owning a home of their own. That has done more to dent social mobility than any other economic measure over the past decade.
CARNEY’S excellent predecessor at the Bank of England, Sir Mervyn King, has repeatedly said that very low interest rates were only ever meant as an emergency measure to deal with the financial crisis in 2008, not as a way of life, anticipating its negative effect on all our lives.
In the meantime in the US, the Federal Reserve has sensibly been slowly raising interest rates and that, coupled with Trump’s tax reforms, has resulted in growth of close to three per cent and heading upwards. In contrast, UK growth has hit a five-year low of 0.1 per cent.
Someone is clearly not doing a good job this side of the Atlantic.
Of course, Carney has wasted no time in blaming these abysmal figures on Brexit. This week he declared that a disorderly departure from the EU would trigger a plunging pound that would fuel inflation and that’s why – yet again – he would be failing to raise interest rates this year. It was clearly