Daily Mail

It’s Billy Bragg at the Bank

-

FIREBRAND singer Billy Bragg has lectured grandees at the Bank of England on capitalism’s evils.

The socialist musician was invited to its imposing City headquarte­rs in Threadneed­le Street by chief economist Andy Haldane.

He said free markets faced a crisis, demanded more rights for workers and said profit-seeking should take a back seat.

He railed against quantitati­ve easing and added: ‘We find ourselves in an unpreceden­ted situation where interest rates are kept at near-zero and central banks are creating free money, little of which makes its way through to the real economy.’

Newspapers in English

Newspapers from United Kingdom