Submitted on Sunday 18th November 2012
Published on Monday 19th November 2012
Current status: Closed
Closed: Tuesday 19th November 2013
Signatures: 2
A new UK Central Bank that is both nationally & regionally accountable is needed to meet the 21st century economic challenges facing the UK.
A new UK Central Bank that is both nationally & regionally accountable is needed to meet the 21st century economic challenges facing the UK.
The Bank of England clearly more suited to the 19th century has spectacularly failed the people of the UK in the 21st century due to being institutionally incapable of meeting the economic and regulatory needs of 99% of the population of the UK.
The new UK Central Bank must report at least four times a year to members of the public as well as to cross-party elected representatives of the people at both UK national and UK regional parliaments/assemblies and work under the remit of a democratically agreed founding constitution.
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