Autumn Budget an 'acid test' for government/BoE relations under Sunak

Since former prime minister Liz Truss took office on 5 September and the Mini Budget was revealed two weeks later, the BoE have been at a crossroads, with several City figures describing the situation as an "economic tug-of-war" between the government and the central bank.  While Truss' administration was pursuing a pro-growth agenda fuelled by a £45bn tax cuts package and significant expenditure, the Bank was pushing for the opposite to bring inflation back on target.  Under a Rishi Sunak government, industry experts tell Professional Adviser's sister title Investment Week that they ...