Bank of England governor’s speech falls flat at TUC

Posted on Updated on

Mark Carney is not known for inspiring speeches but his warning to Scotland on the eve of independence vote that a currency union wasn’t “compatible with sovereignty” should there be a “Yes” vote was not the only noteworthy thing he said.

Posing as a benevolent friend of organised labour, he praised trade unionists at least twice for their approach to the recession and their acceptance of the flexible labour market, prompting strong reaction from delegates and industrial relations experts.

With friends like these, who needs enemies.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s