The problem with Sunak is that, although he knows about banking and making money he knows nothing about political economy.
It is beyond me why he went into politics in the first place. It's becoming clear that he's not much interested in the wellbeing of UK citizens. I can only think that his 'vision' was to try to ensure that the country is run for the benefit of the wealthy.
Adam Smith, one of the 'fathers of economics' (whose ideas have been much misinterpreted over the years) had this to say about legislative proposals from those who 'lived by profit':
The proposal of any new law or regulation of commerce which comes from this order ought always to be listened to with great precaution, and ought never to be adopted till after having been long and carefully examined, not only with the most scrupulous, but with the most suspicious attention. It comes from an order of men, whose interest is never exactly the same with that of the publick, who have generally an interest to deceive and even to oppress the publick, and who accordingly have, upon many occasions, both deceived and oppressed it.”
dboucoyannis.weebly.com/uploads/1/3/9/3/13938365/smith_paper_oct_2013.pdf
