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The Latest Breaking News from Andrew Bailey

Missouri says clinic that challenged transgender treatment restrictions didn't provide proper care

Missouri officials struck back at one of the clinics that unsuccessfully challenged new state restrictions on gender affirming care by filing a new lawsuit accusing the clinic of failing to provide proper care for transgender minors even before the new law took effect last month

The Independent UK

Banking regulator Sam Woods: ‘This is the most intense period since the 2008 financial crisis’

In an exclusive interview, the head of the Prudential Regulation Authority talks about Credit Suisse, the gilt market meltdown – and stress-testing banks for the climate crisis

The Guardian - UK

UK interest rates stay at 5.25% in surprise move by Bank of England

The Bank of England announcement comes after inflation unexpectedly fell this week

The Independent UK

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Is the Bank of England’s gilts offload a ‘selling gold at the bottom’ moment?

City Voices: Andrew Bailey told Parliament last week that interest rates were near the top of the cycle. So why is he so keen to sell gilts?

Evening Standard

Missouri clinics halt transgender care for minors in wake of new state law

At least two Missouri health care centers have stopped prescribing puberty blockers and cross-sex hormones to minors for purposes of gender transition, citing a new state law that gives former patients broad leeway to sue

The Independent UK

Challengers seek rewrite of Missouri abortion-rights ballot measures, calling them misleading

Advocates are asking a Missouri judge to rewrite what they say are misleading descriptions of abortion-rights constitutional amendments

The Independent UK

Has ‘Barbenheimer’ helped keep the UK economy growing?

How an unlikely pairing of blockbusters may have stopped a summer spending washout

Evening Standard

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UK firms ‘slow output and rein in hiring as borrowing costs rise’

Survey of businesses gives further indication that Bank of England could limit future interest rate rises

The Guardian - UK

Now even the Bank of England admits greedflation is a thing

Work by Threadneedle Street’s own analysts suggest that firms are intending to keep prices high, despite falling costs

The Guardian - UK

NatWest cuts mortgage interest rates for second time in four days

It comes after Andrew Bailey yesterday signalled that the Bank of England could soon be finished raising interest rates

Evening Standard

Bank of England governor expects ‘quite marked’ fall in UK inflation

Pound falls as Andrew Bailey’s comments call into question need for further interest rate rise

The Guardian - UK

Missouri death row inmate who claims innocence sues governor for dissolving inquiry board

A Missouri death row inmate is suing Gov. Mike Parson over the governor’s decision to dissolve a board of inquiry that was convened to investigate the man’s innocence claim

The Independent UK

St. Louis proposal would ban 'military-grade' weapons, prohibit guns for 'insurrectionists'

As the St. Louis mayor pushes legislation that would prohibit “military-grade weapons” on city streets and make it a crime for “insurrectionists” and those convicted of hate crimes to possess firearms, Missouri’s Republican attorney general is warning that such a law would violate the state constitution

The Independent UK

Pay rises should be a ‘reward for productivity’, says Rishi Sunak

Prime minister also calls for wage growth to be sustainable to help economy grow

The Guardian - UK

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Evening Standard

The Bank of England won’t stop raising interest rates until unemployment is far higher

City Comment: Andrew Bailey and Co will feel they have no other choice

Evening Standard

Wages rising at fastest pace since records began, while unemployment unexpectedly up

The news will almost certainly encourage the Bank of England to raise interest rates even further

The Independent UK

Bank of England governor backs regulator plan to ensure ‘fairness’ for savers

The Financial Conduct Authority said it will take action if firms offering the lowest savings rates are unable to justify how they offer fair value.

The Guardian - UK

Sunak under pressure as Bank signals rates will stay high for months

Tory MPs call for targeted tax cuts as Labour criticises 14th interest rate hike as ‘mortgage bombshell’

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The Guardian - UK

More pain in store – tough-talking Bank raises UK interest rates and a few eyebrows

Rise to 5.25% comes as no surprise but Bank of England’s language will frighten many

The Guardian - UK

Bank of England says interest rates will remain high for at least two years

Policymakers vote for quarter-point rise to 5.25%, the 14th increase in a row, as Bank rules out prospect of recession

The Guardian - UK

Sarah Breeden to be deputy governor of Bank of England

Bank will have largest ever number of women on rate-setting monetary policy committee after appointment

The Guardian - UK

Ben Bernanke to lead review into Bank of England forecasting errors

Former Fed chair appointed as Bank faces pressure to explain why economic forecasts have been so wide of mark

Pedestrian.tv

British Airways Served Passengers KFC After A Catering Fuck Up & I Can Smell It From Here

"We had to wing it on this occasion."

Evening Standard

BA passengers on 12-hour flight to London Heathrow served KFC from buckets in catering gaffe

Passengers reported that some people were given just one piece of fried chicken

Reason

Missouri S. Ct. Requires State AG to Certify Reproductive Rights Initiative Ballot Language

Prof. Howard Friedman (Religion Clause) reports (some punctuation revised): In State of Missouri ex rel. Dr. Anna Fitz-James v. Bailey (MO Sup. Ct., July 20, 2023), the Missouri Supreme Court affirmed a trial court's issuance of a writ of mandamus requiring the state Attorney General to approve the State Auditor's…

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