Bank of England Governor Andrew Bailey said on Tuesday that a rise in British government borrowing costs was not out of line ...

Bank of England Governor Andrew Bailey said on Tuesday he did not agree with finance minister Rachel Reeves' description of ...

Bailey (pictured) made clear that he did not share Reeves' recent claim that the enforcement of red tape acted as a 'boot on ...

Bank of England Governor Andrew Bailey urged the government to avoid taking drastic action as it evaluates the merits of the ...

The central bank once backed the digital pound but now tells banks to upgrade their own payment systems. It believes private ...

The UK central bank may scrap its digital pound amid skepticism and preference for bank payment innovations, Bloomberg reports.

Bank of England Governor Andrew Bailey said on Tuesday the International Monetary Fund had a key role to play in tackling the ...

Andrew Bailey also stressed that the UK cannot “compromise” on financial stability amid the Treasury’s plans to rip up red ...

The Bank of England's governor has cautioned Chancellor Rachel Reeves against dramatically loosening City regulations, ...

The governor of the Bank of England has distanced himself from Chancellor Rachel Reeves’ deregulation agenda, suggesting the move could cause a repeat of the 2008 financial crisis. Andrew Bailey told ...

Bank of England governor Andrew Bailey has warned the government that dismantling the UK’s banking ring-fencing regime “would not be sensible”, amid the UK government's push to "regulate for growth".

Andrew Bailey is in an unenviable position. As governor of the Bank of England, he must rein in inflation, which is rising at the fastest pace in 40 years.. And now he must also clean up much of ...