UK PM says she will deliver ‘change’ to monetary policy
Theresa May criticises monetary policy for punishing savers
The UK's prime minister, Theresa May, promised changes to the country's monetary policy in a speech on October 5.
May told the Conservative Party conference quantitative easing and ultra-low rates provided the "necessary emergency medicine" after the 2008 crisis, but added "we have to acknowledge" the policies have led to "some bad side-effects".
Those with assets have become richer and those with mortgages have seen their debts become cheaper, while those without assets have "suffered" and
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