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Business Live with Ian King: Truss turned Britain into 'Argentina on the Channel', says ex-BoE boss
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September 18, 2023
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27:09Now PlayingJoin Ian King and guests for the latest news from the city, as a former governor of the Bank of England has launched a scathing attack on Liz Truss - accusing her government of turning Britain into "Argentina on the Channel".
Mark Carney also said Brexiteers such as the former Conservative leader - who became the shortest-serving prime minister in history when she resigned last year - had a "basic misunderstanding of what drives economies".
Plus, a "potent cocktail" of pressures has forced the trade body for manufacturers to cut its outlook for output this year amid a slump in new orders and hiring.
Make UK's quarterly survey said a slowdown in production since the early summer had forced it to trim its annual forecast to a fall of 0.5%.
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