🗼WELL I NEVER🗼
Would you believe that Ray and June, who won the Reform UK energy bills prize, go back all the way to the Brexit Party with Farage?
Here they are with Farage, Widdecombe and Bull [a truly awful supernatural detective thriller].
What a coincidence [increasingly unlikely]
h/t, and thanks to @linfitlass for pointing this out to me.
These images are from a Brexit Party rally in Fylde on the 4th May 2019. [credit Getty Images I believe, but Google for me].
Before I was an MP, I worked on the current series of polymer banknotes at the Bank of England.
So I know how decisions about our currency are made, and why they matter.
Nigel Farage clearly doesn’t.
What he conveniently ignores is that central banks regularly issue new banknote series. It’s how they stay ahead of counterfeiters and keep our currency secure.
It’s technical. It’s essential. And it’s completely routine.
So why is he manufacturing outrage?
Because Farage and Reform UK have spent months attacking the Bank of England itself.
They’ve demanded the Bank halt quantitative tightening. 💷
They’ve pushed to stop interest being paid on central bank reserves, which would completely destroy monetary policy transmission. ⚠️
And Farage has even suggested replacing the Governor with someone aligned to his agenda.
Let’s be clear:
Politicians leaning on central banks is how you spook markets and undermine confidence in the economy.
Bank of England independence, brought in by the last Labour government, exists for a reason.
To keep markets and household finances stable.
I back the Bank to keep our currency secure, not to be dragged into political point-scoring.
So if Farage spent half as much time understanding how the Bank works as he does attacking it, we’d hear a lot less of this nonsense. ❌
@Nigel_Farage 1) Nobody has ever been allowed to just casually go there... it's a military base you bellend
2) You're a bellend
3) You bellend
4) Bellend