Bank of England showed ‘complacency’ on inflation threat, Lords committee says
A powerful House of Lords committee has heavily criticised the Bank of England for its forecasting and management of inflation as it urged MPs to consider reform. The report damned the central bank for its reliance on “inadequate” forecasting models and its “perceived lack of intellectual diversity”. The report added that Threadneedle Street had made […]
The ennoblement of David Cameron underlines the case for urgent House of Lords reform
The surprise elevation of David Cameron, to enable Rishi Sunak to drop the former prime minister into his cabinet as Foreign Secretary, has again thrust the second chamber to fore of public debate.
The House of Lords isn’t fit for purpose, here are five systems that could replace it
Boris bunging 30 peerages to his cronies shows yet again why the House of Lords isn’t fit for purpose. But there are better systems out there. Here are five alternatives from around the world.
