Economics

Liz Truss’s Plan to Shake Up BOE May Step Up Focus on Inflation

Mandate set by Treasury has changed little in past 25 years
Green goals could be softened, or target set for GDP

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By Reed Landberg and Celia Bergin

August 3, 2022 at 4:00 AM UTC

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Liz Truss could sharpen the Bank of England’s focus on fighting inflation in a shakeup of the central bank’s mandate if she becomes the next UK prime minister.