Bloated public sector is damaging economy, warns Andrew Bailey
Andrew Bailey has warned that dire public sector productivity is dragging down the economy after the Bank of England slashed ...
US should support World Bank and IMF - Bank of England boss
The Governor of the Bank of England has urged continued US support for two major global economic institutions. Andrew Bailey ...
Bank of England Governor Andrew Bailey answers YOUR questions from Rachel Reeves’ Budget to Trump’s trade war
THE Bank of England yesterday lowered interest rates from 4.75 per cent to 4.5, while halving its growth forecasts amid fears ...
Andrew Bailey lays bare the damage of Reeves’s broken promises
Rachel Reeves promised businesses time and time again before the election that she was on their side ...
Bailey Cautions Markets on Dovish Reaction to BOE Vote Split
Bank of England Governor Andrew Bailey cautioned markets against reading too much into how policymakers voted this month ...
Bank of England policymakers speak after rate cut, weaker growth forecast
The Bank of England cut interest rates on Thursday as it halved its growth outlook for this year and said a jump in inflation ...
Bank of England suffers exodus of gold bullion
Thousands of gold bars have been withdrawn from the Bank of England’s vaults since the end of last year amid fears around the ...
Bank of England Gives Reeves Kind Words and Cruel Forecasts
Bank of England Governor Andrew Bailey does “very strongly agree” with Chancellor of the Exchequer Rachel Reeves’ plans to ...
Why the Bank of England slashed its growth forecasts
Alongside cutting interest rates by 25 basis points, the Bank of England halved the UK's expected growth rate in 2025.
Traders are moving so much gold from the Bank of England to the U.S. to avoid Trump tariffs that the waiting time has reportedly octupled
London is in the grips of a gold shortage as traders line up for weeks to get bars out of the Bank of England and ship them ...
Pound plunges as Bank of England cuts rates – and hints at more to come
The value of the pound has sunk sharply as the Bank of England signalled there would be more interest rate cuts later this ...
Bank of England cuts interest rates despite looming inflation surge
The Bank of England cut interest rates by 25 basis points, even though rate-setters said they expected inflation to rise this ...