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BBC NEWS | Business | King reappointed as Bank governor

One of the first things New Labour did on coming to power was abidcate decision making on intrest rates to the BOE so we have an unelected official dictating a key element of our monetary policy.

An Independant bank was is of course designed to help pave our way into the Euro

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Mr Delors said that he wanted the European Parliament to be the democratic body of the community, The Commission to be The Executive and The Council Of Ministers The Senate. NO! NO! NO!
(Margaret Thatcher 30 Oct 1990)

Ignore List: The Prophets of ST Al the Unelectable.