Michael AndersonRewriting the indemnity | New Economics Foundation
https://misryoum.com/us/economy/rewriting-the-indemnity-new-economics-foundation/
Currently, the Bank of England’s decisions are exerting fiscal pressure on the chancellor. According to our calculations, the Bank of England’s decision to slow quantitative tightening has reduced the chancellor’s fiscal headroom to balance the current budget by £1.5bn....