CCN on MSN2d
Andrew Bailey: UK ‘Must Not Forget’ 2008 Financial Crisis Fallout
The BoE cut interest rates to 4.5% from 4.75% and warned of “stagflation” amid looming recession woes in the U.K. PM Keir Starmer claims the ...
PA Media on MSN3d
Bank of England chief cautions over cutting regulation post-financial crisis
Andrew Bailey insisted there was ‘no-trade off between economic growth and financial stability’ in a speech delivered in London on Tuesday.
Andrew Bailey: Don’t forget ‘lasting damage’ of financial crisis in push to deregulate
He stressed his comments were not a "pitch for the necessity and inevitability of more regulation," but insisted that there was no "fundamental trade off" between growth and financial stability.
Bank of England's Bailey says UK can't avoid U.S. tariff impact — even if it's not in the direct firing line
If tariffs are announced, their effect on the global economy and inflation would need to be looked at, he told CNBC's Steve ...
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Andrew Bailey: ‘No trade-off’ between financial stability and growth
Andrew Bailey said it was right to have an “open public debate” about the balance between growth and regulation, while reaffirming that financial stability was a “foundation for growth”.
The Daily Telegraph7d
Andrew Bailey lays bare the damage of Reeves’s broken promises
This all contributes to lower GDP growth. The Bank believes the economy avoided a recession by the skin of its teeth over winter, while Andrew Bailey, the Governor, also confirmed a drastic ...
Bank of England governor Andrew Bailey issues stark warning over financial regulation changes
The governor of the Bank of England (BoE) has issued a stark warning against dismantling the financial regulations introduced ...