John McDonnell – 2022 Comments on the Bank of England and the Treasury

The comments made by John McDonnell, the Labour MP for Hayes and Harlington, on Twitter on 3 November 2022.

Though we no longer have the Bank of England and Government working against each other, what’s as bad is they are now pressing on down same path to a deeper recession than external economic factors threaten. Planned redistribution through fair taxation and quantitative easing could prevent austerity, protect wages and investment.