Britain’s economy is broken – but how can we fix it?

What would you do if you were in Mark Carney’s shoes? Our experts give their views.

Merryn Somerset Webb: Imagine Mark Carney disappears. In desperation the Bank of England rings you. You are now governor. What are you going to do?

Andrew Smithers: Ring up the chancellor and explain that I can’t do anything to cure Britain’s problems. But the fact that I can’t do anything sensible is not an excuse for me to do something stupid. If you want a sustained recovery, you have to avoid having another financial crisis.

You can’t raise interest rates when your banking [...]

MoneyWeek magazine

Latest issue:

Magazine cover
Walking out on the banks

The UK's best-selling financial magazine. Take a FREE trial today.
Claim 3 FREE Issues
Shale gas 'fracking' promises to transform Britain's energy market. Find out what it is, what it means, and how to invest.

More from MoneyWeek

The problem with the Bank of England

Fracking: Nine reasons not to get carried away

Five small-cap stocks worth a flutter

This Dutch company could help us tame floods

ScreenHunter_01 Mar. 25 09.51

The latest investment opportunities & how you can profit - sign up to our FREE daily email HERE