5 minutes
Andrew Bailey has warned that inflation risks remain "on the upside" as he defended the Bank of England's reliance on the Treasury to cover losses generated by quantitative tightening. The Governor of the Bank of England told MPs on the Treasury Select Committee in an evidence session that the curre
3 minutes
Andrew Bailey has warned that populist political movements pose a "serious challenge" to the Bank of England's independence, cautioning that institutions seen to stand in the way of popular will risk being branded an "unrepresentative elite." The Governor of the Bank of England was speaking at the L
2 minutes
The Governor of the Bank of England Andrew Bailey has warned of a severe downturn in global stock markets if the AI bubble bursts. Mr Bailey sent a two-page letter to G20 finance ministers and central bank governors as part of his role as chair of the International Financial Stability Board (FSB), r
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