UK's Labour backs independent Bank of England, to consider growth aim

September 28, 2015 11:49 AM

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BRIGHTON, England, Sept 28 - Britain's opposition Labour Party backs the independence of the Bank of England but will consider whether the central bank should have new growth targets alongside its inflation-targeting mission, the party's would-be finance minister said.

"Let me be clear that we will guarantee the independence of the Bank of England," John McDonnell told Labour's annual conference in Brighton, in southern England, on Monday.

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