The Bank of England’s Mark Carney provided an interesting perspective on the state of the UK economy, productivity, interest rates, inflation and our membership of the EU on BBC Radio 4’s Today programme this morning.
At only seven minutes long it’s worth taking time out of your busy day to listen to his thoughts.
He talks about the need to tackle the UK’s lacklustre productivity by investing, doing more with less, creativity and empowering people. Without tackling productivity, our economy won’t grow at desired rates.
The issues and instability in the financial system, he believes, are now resolved. Understandably he gave nothing away with regards a change to the interest rate.