Bank of England governor is slammed following doom-laden UK forecast 

Bank of England governor is slammed for ‘adding to sense of panic’ following doom-laden UK forecast

  • Beleaguered banker Andrew Bailey is facing backlash over economy handling
  • Was accused of adding to sense of panic with doom-laden finance forecasts
  • Critics said he was being downbeat at time when country needs reassurance
  • Comes after Liz Truss insisted recession was not inevitable  

Business leaders and economists last night accused the Bank of England Governor Andrew Bailey of talking down Britain’s prospects.

The beleaguered banker is facing a backlash over his handling of the economy.

Mr Bailey was accused of ‘adding to a sense of panic’ with doom-laden forecasts that Britain will endure 15 months of recession and that inflation will pass…

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