Bank of England policymaker says interest rates could fall faster than markets expect – business live
Rolling coverage of the latest economic and financial news.   15:13 Over on Wall Street, stocks have opened lower as investors react to rising geopolitical tensions. The Dow Jones ...
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 ...
Politico Europe5h
UK shouldn’t pick between EU and Trump in trade war, says Bank of England boss
The head of the U.K. central bank said Britain should maintain an “active dialogue” with both the EU and the U.S., amid fears incoming President Donald Trump will force London to choose which ...
Retailers ‘right’ to warn of Budget job cuts, says Bank of England governor
The governor of the Bank of England, Andrew Bailey, said retailers were “right” to warn of sweeping job cuts as a result of ...
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 ...
BoE chief Andrew Bailey blames Budget and US election nerves for driving up UK borrowing rates... as he questions whether Trump will follow through on tariff threats
Andrew Bailey said the rise in the costs of servicing government debt - which also affects mortgage rates - had been partly a ...
Admiral Markets6h
UK And Canada Inflation Reports Draw Attention, Goldman Sachs Sees SP500 To 6,500 In 2025
Inflation reports coming from the UK and Canada draw market attention as the week starts while Goldman Sachs sees S&P500 ...
Bank of England governor backs British Retail Consortium on jobs warning over budget
The Bank of England governor has said industry lobby group the British Retail Consortium (BRC) was right to warn of job ...
BOE's Bailey Says Won't Jump to Conclusions on Trump Tariffs Hit to U.K. -- Update
The Bank of England will need to see the details of President-elect Donald Trump's new tariffs before drawing firm conclusions about their impact on the U.K., Governor Andrew Bailey told lawmakers ...
BOE’s Bailey Says Employer Tax Rises Warrant Gradual Rate Cuts
The UK government’s move to raise taxes on employers means the Bank of England will have to take a cautious approach in ...
Britain’s biggest retailers say job losses ‘inevitable’ after Budget tax hikes
More than 70 businesses, including Tesco, Asda and Sainsbury’s, have raised their concerns in a letter to Rachel Reeves.
Andrew Bailey to give evidence in Jes Staley trial on Epstein ban
Andrew Bailey has been dragged into a legal row over how well a former boss of Barclays knew Jeffrey Epstein. The Bank of ...