Independence day: why Gordon Brown gave the Bank the right to set interest rates - The Guardian

New Labour’s chancellor revealed his plan to a surprised Eddie George and his private secretary, now governor, Andrew Bailey

Gordon Brown had a surprise in store for Eddie George when he summoned the then governor of the Bank of England to a meeting at 11 Downing Street on bank holiday Monday, 25 years ago this week. For … [+5777 chars]

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