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The Latest Breaking News from Andrew Bailey

ONS may have ‘lost’ a million workers from job figures since pandemic

Resolution Foundation says figures are ‘overly pessimistic’ as people in work are less likely to answer survey

The Guardian - UK

Shop bosses ‘right’ to warn of job cuts, says Bank of England governor

His statement comes as retailers turn up the heat in their efforts to get Chancellor Rachel Reeves to water down her Budget measures

The Independent UK

Retailers are right to warn of job cuts after Reeves budget, says Andrew Bailey

Bank of England governor says number of roles could shrink by more than 50,000 after rise in employer NICs

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Bank of England boss warns over ‘fragmenting’ world economy amid Trump tariffs

Governor Andrew Bailey said he does not want to ‘jump to conclusions’ on the effect of proposed tariffs until they are confirmed.

The Independent UK

Keir Starmer denies budget to blame for rise in mortgage rates

PM says budget stabilised the economy, while mortgage rates are ‘individual decisions for the banks’

The Guardian - UK

OPINION - Did Andrew Bailey's Brexit comments overstep the mark?

Andrew Bailey is a walking market mover. Every time the Governor of the Bank of England opens his mouth, he knows it could impact the cost of UK government borrowing, or the price of sterling, or any number of things. Consequently, his public statements are rarely made off the cuff.

Evening Standard

Could Labour build closer EU trade ties and would this increase growth?

Bank of England governor says Brexit has harmed UK economy, while Donald Trump will also complicate matters

The Guardian - UK

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Step up Brexit reset or European allies will lose patience, Starmer warned

Call comes after Bank of England’s governor Andrew Bailey said the UK should rebuild relations with the European Union as he warned of the economic consequences of leaving the bloc

The Independent UK

Bank of England chief says UK must 'rebuild relations' with EU

THE governor of the Bank of England has said the UK must “rebuild relations” with the EU, adding that one of Brexit’s key consequences was…

The National (Scotland)

EU needs UK, former French president pleads to Starmer in warning over Trump’s return

François Hollande said the UK and EU need each other ‘to respond to Trump’s offensive and to find solutions for the conflicts in Ukraine and the Middle East’

The Independent UK

Bank of England governor says Brexit has undermined UK economy

Andrew Bailey calls for relations with EU to be rebuilt as Trump plans US tariffs

The Guardian - UK

Bank of England chief warns of Brexit consequences as he calls for UK to rebuild EU relations

Andrew Bailey ‘points out the consequences’ of Brexit in an address to the City of London

The Independent UK

Bank of England chief to say UK must ‘rebuild relations’ following Brexit

Andrew Bailey will talk about the importance of economic growth at the annual Mansion House speech in the City of London.

The Independent UK

Rules imposed after financial crisis have ‘gone too far’, Reeves tells City bankers

Chancellor uses Mansion House speech to suggest it is time to loosen some constraints brought in after 2007-08 crash

The Guardian - UK

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Evening Standard

Bank of England chief economist cautions over global economic ‘disturbances’

Huw Pill said the outlook for interest rate cuts depended on there being ‘no big new disturbances to the economy’.

Top News

Bank Of England Cuts Interest Rates Amid Falling Inflation

Bank of England cuts interest rates to 4.75% in response to UK's low inflation, emphasizing a cautious approach.

International Business Times

Bank Of England Cuts Interest Rate As Inflation Slows

The Bank of England on Thursday said it was cutting its key interest further after UK inflation hit a three-year low and signalled more reductions, easing pressure on borrowers.

Evening Standard

Why has the Bank of England cut the interest rate and what does it mean for mortgages and inflation?

A lowering of the base rate to 5% suggests mortgage costs have peaked and inflation is coming under control

The Independent UK

Bank of England cuts interest rates as borrowing costs to fall ‘gradually’

The Bank’s Monetary Policy Committee announced that rates were being reduced from 5% to 4.75% on Thursday.

The Guardian - UK

Bank of England cuts interest rates by 0.25 points to 4.75%

Borrowing costs reduced for second time this year with Fed expected to cut US rates later on Thursday

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