Posted in News Bank of England boss Andrew Bailey warns Rachel Reeves’ tax-and-spend Labour Budget will increase inflation and it may not come down again for two years November 8, 2024 Andrew Bailey said the rise triggered by the first Labour Budget in 14 years, would be small compared to that triggered by Liz Truss’s mini-Budget. https://www.dailymail.co.uk/news/article-14058811/Bank-England-Andrew-Bailey-Rachel-Reeves-tax-spend-Labour-Budget-increase-inflation.html?ns_mchannel=rss&ns_campaign=1490&ito=1490