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Bank of England chief: gains in globalisation must filter down to all

"Weak income growth has focused growing attention on its distribution. Inequalities which might have been tolerated during generalised prosperity are felt more acutely when economies stagnate." - Mark Carney, Bank of England governor


BANK of England (BOE) governor Mark Carney has launched a defence of globalisation and set out a manifesto for central bankers and governments to boost growth and make the world economy more equal.

He said bankers and governments must acknowledge that gains from trade and...

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