Weak growth and inactive workforce pose market risks, Bailey warns
That combination—muted wage growth but elevated borrowing costs—could further test affordability in the mortgage market. Lenders are already…
A Split Bank of England Cuts Rates
(Bloomberg) — The Bank of England reduced interest rates to a more than two-year low in a closer-than-expected…
Broke Britain: how the Bank of England wrecked the economy
In February 2020, a few weeks before Britain was thrown into lockdown, Sajid Javid resigned as chancellor of…
Bank of England’s Bailey backs IMF to help fix problems in global economy
By William Schomberg LONDON (Reuters) -Bank of England Governor Andrew Bailey said on Tuesday the International Monetary Fund…
Markets expect Bank of England to cut base rate in August
“I think that the path of interest rates will continue to be gradually downwards,” he said in an…
Bank of England’s Bailey defends bond programme after Reform UK criticism
By William Schomberg LONDON (Reuters) -Bank of England Governor Andrew Bailey defended the central bank’s programme of government…
Bank of England says world is ‘highly unpredictable’ as it holds interest rate at 4.25%
LONDON (AP) — The Bank of England warned Thursday about the “highly unpredictable” geopolitical environment as it kept…
Europe’s central banks are all cutting rates, even as tariffs tie the Fed’s hands – POLITICO
A different story It’s a very different story across the Atlantic, where the first impact of tariffs has…
Missouri AG files suit against utility in Lexington gas pipeline explosion
KANSAS CITY, Mo. — Missouri Attorney General Andrew Bailey alleges in a lawsuit Monday that one of the…
Brexit betrayal as Bank of England urges UK works with EU | Personal Finance | Finance
The Governor of the Bank of England has urged Britain to take decisive steps toward rebuilding its trade…
BoE ready to cut again as UK braces for trade war impact – POLITICO
Water bills rose by an average of 26 percent nationwide at the start of April, while regulated household…
Bank of England: UK economy still ‘static’ even amid strong growth figures in 2024, says Bank of England Governor Andrew Bailey
Bank of England Governor Andrew Bailey has poured cold water over the prospects of the UK economy after…