Speaking at an Office for National Statistics (ONS) conference on Tuesday, Bank of England (BOE) Chief Economist Huw Pill criticized criticism the outgoing Prime Minister Liz Truss’ government for lack of cooperation with the country’s other economic institutions.

Key quotes

"That's a model for how macro policymakers in the UK should respect the institutional framework when they interact with one another."

"In my view, we might have benefited in recent weeks if the interactions amongst other institutions had followed that pattern."