Cost of Living

Part of Treasury – in the House of Commons at on 20 June 2023.

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Photo of Patricia Gibson Patricia Gibson Shadow SNP Spokesperson (Environment, Farming, Agriculture and Rural Affairs)

Over the weekend, the former Governor of the Bank of England, Mark Carney, spoke about how before the Brexit referendum, the Bank of England had set out that the likely consequences of Brexit were

“a weaker pound, higher inflation and weaker growth”.

Does the Chancellor think it is fair that the UK Government’s decision to ignore the stark warnings from the Bank of England are now being paid for by the households who can least afford it?