Come on @bankofengland you can do better. This is a matter of huge import. And raising the issue of 'cost'? On a matter like this? With modern electronic search capabilities?
https://twitter.com/PickardJE/status/1384541767358369796
Obvs everyone wants to know whether HMT encouraged you to bend the rules to lend to Greensill. You should be on the front foot disclosing everything without these requests having to come.
These schemes risk blurring operational independence and the the integrity of the Bank's policies. Full transparency will help clarify that all was well. True of course unless all was not well. Which is what one might infer from you not wanting full transparency.
This reply is the sort of thing you'd write if the FT had decided to launch an inquiry into the efficiency of paper clip procurement at the BoE.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
