Are the Tories embracing nationalisation with the Bank of England?

Has Liz Truss been reading Clause IV of the old Labour Party constitution? Famously this committed the party to seek “common ownership” of, among other things, “the means of exchange (ie banking)”. The suggestion she might renationalise the Bank of England would tie in with this.

Interestingly it was Labour’s Gordon Brown who in his first (quite dramatic) act as chancellor in 1997 gave the Bank independence to set interest rates. A move that seems to have served the nation pretty well.

Andrew McLuskey

Address withheld

If reducing taxes is the answer to the combined ills of inflation, low productivity, and Brexit-induced trade losses, then abolishing all taxes is surely the recipe for unbounded growth and wealth.

I believe the appropriate phrase is “reductio ad absurdum”.

Roger Thomas

East Lothian

May I suggest that Liz Truss and Rishi Sunak form a professional stand-up comedy act and tour the country to entertain and amuse its audiences? This would allow for a suitable person to be elected prime minister to steer this country out of the mess it has created for itself.

Gunter Straub

London

The gloomy news from the Bank of England makes it a virtual certainty that Scotland will secede from the UK at the earliest possible opportunity – and I don’t blame them. Scotland, who never ever voted for Brexit, will then rejoin the EU. This in turn will cause dozens and maybe hundreds of English companies to move to Scotland to take advantage of easy access to European markets.

We the people are starting to pay the price for voting in a corrupt and crony-ridden government led by the most disastrous prime minister we have ever had. History will blame him for the break-up of the UK. And Great Britain without Scotland – and probably Northern Ireland later on – will then be reduced to little England, an impoverished place.

Further, due to the dull and negative Keir Starmer, Labour offers no better policies than the third-rate bunch we have in power right now.

David Lee

Address withheld

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I read with interest that “malign actors” might be considering tampering with the Conservative Party’s leadership ballot.

Given the choice of candidates available to be officially selected, the only way these malign actors could hack the ballot to provide a worse potential future for this country is for the current incumbent to be announced the ballot winner on 5 September!

Phil Rolandi

Surrey