Bank of England: Ministers need to set out steps to Trump-proof economy

EMBARGO: Immediate Release

Responding to the Bank of England’s fiscal stability report which warned of the potential impact of the impending Donald Trump Presidency on the economy, Liberal Democrat Treasury spokesperson Daisy Cooper MP said:

“After years of Conservative economic vandalism our economy has seen sluggish growth and people have been hammered by spiralling mortgage rates.

“The incoming Trump administration could cause yet more damage and the new government needs to urgently act to prepare our economy to prevent this.

“Ministers need to set out the steps they are taking to Trump-proof our economy and ensure that people will not be hit with another round of financial hardship.”

ENDS