Bank of England governor walks out of IMF summit in protest against Russia Andrew Bailey among finance leaders to leave session in Bangkok when Russian finance minister addressed group The Guardian - UK · 5h ago
FTSE forges ahead but banks stutter on tax threat Bank of England Governor Andrew Bailey played down inflation fears, although banks missed out amid fears of a tax hit. Evening Standard · Oct 16
BoE's Bailey says energy price pass-through remains limited, rate risks persist Bank of England Governor Andrew Bailey said rising energy prices have had limited broader inflationary effects so far, but warned that second-round pressures remain uncertain. With inflation at 3.1%, above the 2% target, policymakers are weighing potential interest rate hikes against economic resilience, rising borrowing costs and geopolitical uncertainty. The Economic Times · Oct 16
Andrew Bailey calls for clampdown on ‘downright criminal’ social media scams Andrew Bailey, head of the British central bank, told an audience in Bangkok that there has been ‘no real liability’ for some social media firms. Evening Standard · Oct 14
Global Market: BoE's Huw Pill wary of market bets on four rate hikes over next year Bank of England Chief Economist Huw Pill has questioned market expectations for four quarter-point rate hikes over the next 12 months as policymakers assess the inflationary fallout of the Iran war. His comments highlight divisions within the Monetary Policy Committee over how to balance rising energy prices against risks to… The Economic Times · Oct 14
Bank of England and IMF bosses warn of cyber threat to trust in financial system Kristalina Georgieva says online fraud could lead people to opt out of system and turn to ‘shoeboxes under their bed’ The Guardian - UK · Oct 14
IFS: budget will be ‘work of fiction’ without clear plan to cover UK’s £35bn spending pressures Thinktank’s influential pre-budget report urges key decisions to be made now and not put off until next year The Guardian - UK · Oct 12
Low growth and successive shocks erode public finances, Bank boss says Andrew Bailey’s remarks come weeks before the Chancellor lays out his autumn Budget statement. Evening Standard · Oct 8
Bank of England's Bailey says government debt commitments needed more than ever Bank of England Governor Andrew Bailey highlighted the importance of credible fiscal policies for stabilizing public finances. Rising inflation and high levels of government borrowing put pressure on global bond markets. He emphasized that realistic debt commitments could mitigate demands for higher returns from bond investors. Bailey also noted the… The Economic Times · Oct 8
Oil and gas prices jump on Middle East shipping attacks, sending bond yields higher and stocks lower – as it happened Brent crude tops $105 a barrel amid attacks on tankers and squeeze on US oil output in Gulf of Mexico as storm Isaias approaches The Guardian - UK · Oct 8
FBI commissions classified and internal 'Patel Report' about times when it 'fell short' The FBI has issued a classified report examining its past failures to ensure future accountability and trust. Director Kash Patel emphasizes confronting the agency's shortcomings rather than rewriting history, despite criticism. The report aims to reflect on past mistakes without protecting them, promoting organizational accountability. Previous investigations and actions taken… The Economic Times · Oct 3
'Accountability demands it': FBI to examine past failures in 'Patel Report' The Federal Bureau of Investigation (FBI) is issuing what it calls the “Patel Report,” ostensibly named after Director Kash Patel, to its workforce, examining chapters in the bureau’s history “where this institution fell short,” The Associated Press reported. The Times of India · Oct 3
FBI employees receive a ‘Patel Report’ recapping when the department fell short The bureau's message explains that the report is designed to restore ‘public trust’ The Independent UK · Oct 2
FBI releases classified ‘Patel Report’ examining past failures at the bureau The FBI has released a classified report to the workforce examining what it says are chapters from the bureau’s history when it "fell short." The Independent UK · Oct 2
The Independent UK · Oct 1 AI could be a ‘very powerful weapon’ in wrong hands, warns Bank of England chief IN FULL
The Independent UK · Oct 1 Bank of England boss issues stark warning on AI threat to UK economy Governor Andrew Bailey said the technology could be a ‘very powerful weapon’ in the wrong hands
The Guardian - UK · Sep 30 We need ‘right to intervene’ in AI amid growing threat, says Bank of England boss Andrew Bailey’s comments come as fears grow that rogue models could take financial system hostage
The Guardian - US · Sep 29 Supreme court allows Trump to temporarily resume deporting people to third countries – as it happened This live blog is now closed.
The Independent UK · Sep 28 Andrew Bailey, an FBI deputy director, says he's leaving the post after just over a year in the job Andrew Bailey, one of the FBI’s two deputy directors, says he is leaving the position after just over a year on the job and will be returning to Missouri to spend time with his family
The Independent UK · Sep 28 Top Trump FBI appointee Andrew Bailey abruptly quits after just one year Throughout his brief period as deputy director, Bailey largely maintained a low public profile
The Times of India · Sep 28 FBI co-deputy director Andrew Bailey resigns after just over a year, says ‘returning to family in Missouri’ FBI Co-Deputy Director Andrew Bailey is stepping down from his post after just over a year at the US law enforcement agency, saying he is leaving to return to his family in Missouri.
The Guardian - US · Sep 28 Trump appointee overseeing election investigations steps down from FBI role Andrew Bailey will resign as FBI co-deputy director about a year after assuming the position
The Guardian - UK · Sep 27 Burnham’s plan for a radical reset collides with economic reality Surging energy bills, higher borrowing costs and rising inflation have left the PM and his chancellor in a fiscal bind
The Independent UK · Sep 25 Bank of England chief pinpoints one factor that will cause interest rates to rise IN FULL
Evening Standard · Sep 25 High energy prices will make it ‘harder’ to avoid interest rate hike – Bailey It comes only a day after a deputy governor at the Bank said a rate hike is looking ‘increasingly likely’ if energy prices remain elevated.