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The Latest Breaking News from Andrew Bailey

Missouri Attorney General Condemns School For Student's Brutal Beating

Missouri Attorney General criticizes St. Louis high school for promoting divisive racial ideology and advocates for reforms in the juvenile justice system ...

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St. Louis Teen Attacked In Viral Video Faces Uncertain Recovery

Update on the condition of St. Louis teen Kaylee after a brutal attack near Hazelwood East High School. Community support and calls for justice and reform ...

Top News

Labour to make fighting global heating a priority for Bank of England

Shadow chancellor to use annual Mais lecture to set out plans to green the economy if party wins election

The Guardian - UK

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St. Louis Teen Attacked In Viral Video Faces Uncertain Recovery

Update on the condition of 16-year-old Kaylee Gain after a brutal assault near Hazelwood East High School, sparking discussions on juvenile justice reforms.

Top News

FIRE Highlights the Blatant Hypocrisy of State Officials Who Decry Government Meddling With Social Media

Even as they attack the Biden administration's crusade against "misinformation," Missouri and Louisiana defend legal restrictions on content moderation.

Reason

Clare Lombardelli named deputy governor of Bank of England

Ex-Treasury official and adviser to David Cameron will replace Ben Broadbent, making MPC majority female for first time

The Guardian - UK

OPINION - California's lithium lake shows how America could survive without Europe — and that’s a big problem for us

It is the sort of discovery that never seems to occur in Lincolnshire. Recently, it was revealed that a toxic, shrinking lake in southern California has even more lithium dissolved deep beneath its surface than previously thought. Enough, in fact, to produce the equivalent of nearly 400 million electric vehicle batteries.…

Evening Standard

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OPINION - Just a light recession – Bank of England boss is bullish on economic recovery

Well, that was quick. Bank of England governor Andrew Bailey appeared in front of Parliament today and declared, if not quite that happy days are here again, then that the recession isn't all that bad and might, in fact, already be over.

Evening Standard

UK shows signs of recovery from mild recession, says Bank of England

Bank’s governor predicts Britain’s economy will receive a boost when interest rates start to fall later this year

The Guardian - UK

UK economy bounces back with 'signs of upturn' after 'very weak' recession, says Bank of England chief

Britain’s economy is already showing “distinct signs of an upturn” after slipping into recession at the end of last year, the Bank of England’s governor said on Tuesday.

Evening Standard

Don’t 'Tell Sid' to buy NatWest shares — Give us them for free

City Comment: If big investors don’t fancy NatWest shares at the current price, why should we?

Evening Standard

Sticky UK Inflation Stokes Bank Of England Rate-cut Debate

British annual inflation steadied last month, official data showed Wednesday, but prices still rose at double the Bank of England's target rate, adding to uncertainty over the timing of an interest-rate cut.

International Business Times

The Body Shop UK falls into administration; UK wage growth and US inflation hit rate cut hopes – as it happened

The Body Shop has collapsed into administration in the UK, less than three months after it was taken over by a private equity company

The Guardian - UK

The Body Shop set to appoint administrators; UK hit by ‘significant long-run cost of Brexit’ – as it happened

Goldman Sachs ‘Doppelgänger’ analysis suggests UK real GDP has unperformed by 5% since 2016 vote, while Body Shop’s owners have filed the intention to appoint administrators.

The Guardian - UK

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The Guardian - UK

Joe Biden declares America’s economy ‘is the strongest in the world’ after jobs report smashes forecasts – as it happened

Rolling coverage of the latest economic and financial news, as US adds 353,000 new jobs in January

International Business Times

Bank Of England Freezes Rate As Inflation Stays High

The Bank of England froze its key interest rate Thursday for a fourth meeting in a row, matching US Federal Reserve policy, as high inflation prevents cuts to borrowing costs.

The Guardian - UK

UK interest rates have peaked, the next move is down … but not yet

Bank of England’s rate-setting panel is split three ways – to hike, cut or hold –but analysts are now pencilling in a cut for late spring

Evening Standard

Inflation takes centre stage as City braces for clues on Bank of England interest rate cut

Shock acceleration in cost of living increases could delay the start of interest rate cuts by the Bank of England

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International Business Times UK

Bank of England Faces Pressure to Adjust Interest Rates as Inflation Forecasts Take a Surprise Turn

Three prominent forecasters – Oxford Economics, Investec, and Deutsche Bank – have issued updates indicating a potential halving of the inflation rate to two per cent by April, forcing the Bank of England (BoE) to reconsider its timeline for the first interest rate cut.

International Business Times UK

Bank of England Contemplates Earlier Interest Rate Cut Amidst Forecasts of Decreasing Inflation

Three prominent forecasters, including Oxford Economics consultancy, Investec, and Deutsche Bank, have revised their outlook for inflation in 2024.

The Guardian - UK

Bank of England may cut interest rate sooner after surprise inflation forecast

Forecasters at three leading institutions suggest inflation rate will halve to 2% by April

Evening Standard

Bank of England boss: 'Inefficient' Bitcoin ‘not taking off’ as a financial service

Andrew Bailey also warned that there is still a risk of 'global shocks' hitting the UK economy

The Independent UK

Watch live: Bank of England’s Andrew Bailey speaks to lawmakers about financial stability

Watch live as the Bank of England Governor Andrew Bailey, and other members of the BoE’s Financial Policy Committee answer questions from the House of Commons’ Treasury Committee on 10 January.

Top News

Impeachment hearings for DHS Secretary Mayorkas amid border crisis

DHS Secretary Mayorkas faces impeachment hearing over border crisis while House Oversight Committee considers contempt resolution for Hunter Biden. Stay tu...

Evening Standard

Bank of England governor Andrew Bailey to be grilled on interest rate hikes' threat to UK financial stability

He and other members of the bank’s Financial Policy Committee will face questions from the Commons Treasury Committee

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