Andrew Bailey said pressure being put on the central bank in America was a 'very serious situation'. Politics
Bailey told MPs the attacks had created 'a very serious situation' and threats to central bank independence are 'a very dangerous road to go down'. Politics
Andrew Bailey said he was ‘very concerned’ by independence issues facing the US’s Federal Reserve. Events
Prime minister brings in chancellor’s deputy and former Bank of England chief to newly created senior roles• Downing Street shake-up: who’s in and who’s out at No 10Keir Starmer has attempted to wrest back control of economic policy from the Treasury by bolstering his No 10 team, bringing in the chancellor’s deputy and a former Bank of England chief to senior roles.Ahead of what is likely to be a tumultuous autumn for the government, he created two new roles with Darren Jones put in charge of day-to-day delivery and Minouche Shafik appointed the prime minister’s chief economic adviser. Continue reading... Events
Bank of England chief tells Jackson Hole event of concern about weak growth and fall in worker numbersBritain faces an “acute challenge” from its weak underlying economic growth and a drop in the number of workers since the pandemic, according to the Bank of England governor, Andrew Bailey.A rise in the number of people defined as long-term sick and a big drop in young people in work – factors that he suggested might be intertwined – added to the squeeze created by an ageing population. Continue reading... Politics
Climbing and bouldering might be exhilarating, but it isn’t without its risks reports Dan Baumgardt Events
The initiative is part of a wider Government drive to tackle so-called medical tourism Events
Huw Pill, chief economist at the Bank of England, stressed there has been ‘progress’ in bringing inflation down in recent months. Economics
