Exclusive: Truss backs Bank of England review to ensure ‘it is fit for purpose’

The biggest overhaul of the Bank of England in 25 years is needed to ensure “it is fit for purpose,” Tory leadership front-runner Liz Truss’s campaign told City A.M. today. The comments represent an escalation in Truss’s drive to shake up the regime overseeing the Bank’s performance. She has promised to review Threadneedle Street’s mandate [...]