Mark Carney, governor of the Bank of England, indicated that there had rarely been a better time to invest justin tallis/PAMark Carney has urged the government to take decisive action to lift the UK’s moribund economy as he said that the central bank could do little to improve Britain’s long-term prospects. Politicians need to make the running now by taking bold decisions on public spending and economic reforms, the governor of the Bank of England signalled last night in Berlin in a speech on climate change. Central banks have long argued that all they can do is buy time for politicians to make difficult corporate and labour market reforms to boost productivity and Mr Carney hammered the point home again…

Source: The Times September 22, 2016 23:03 UTC