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The Latest Breaking News from Andrew Bailey

Unconvinced by the Bank of England on inflation’s causes and solutions

Letters: Michael McLoughlin and Alan Whitehouse on recent attempts at control from the chancellor and the Bank of England governor

The Guardian - UK

Families fleeing anti-trans states

Draconian laws banning trans care are forcing some families to flee to more progressive states

Salon

No dancing with joy just yet to the tune of decreased inflation

City Voices: Most people are yet to see the benefits of falling inflation

Evening Standard

From analysis to the latest developments in health,
read the most diverse news in one place.

Missouri Supreme Court weighs fate of amendment to restore abortion rights

Whether Missouri voters get a chance to weigh in on legalizing abortion is now up to state Supreme Court judges

The Independent UK

Bank of England pays staff bonuses after its own calls for wage restraint

BOE paid out £25 million in bonuses last year, according to Open Democracy

Evening Standard

As UK housing costs soar, anxiety grips homeowners and renters: 'I'm in meltdown'

For millions in the U.K., the cost-of-living crisis just never seems to ease

The Independent UK

County prosecutor fights Missouri abortion ban’s criminal penalties in court

Jackson County Prosecutor Jean Peters Baker is seeking to strike down Missouri’s criminal penalties for abortion, adding to an already intense legal confrontation playing out in St. Louis that could result in a judge overturning the state’s near-total ban.

Tribune News Service

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Federal Officials Can Keep Pressing Tech Platforms To Remove Content for Now, Court Says

Plus: GOP candidate defends “limited role of government” in parental decisions for transgender kids, some common sense about Diet Coke and cancer, and more…

Reason

A Win for the First Amendment, and a Loss for Partisans Who Want to Weaponize Censorship

One thing is clear about Missouri v. Biden: The decision cannot be understood by viewing it through a polarized lens.

Reason

Editorial: Ruling in Missouri case against Biden shows why protecting disinformation is dangerous

What’s wrong with protecting disinformation by blocking a bunch of Biden administration agencies and officials from communicating with social media companies about it?

Tribune News Service

One million households warned their mortgage repayments could go up by another £500 a month

The Bank of England boss says there 'will be consequences' of higher borrowing costs over the next three years

Manchester Evening News

Five options to get the UK back to 2% inflation

Bank of England (BoE) governor Andrew Bailey has said inflation will fall “markedly” this year, as he signalled that the central bank is likely to raise interest rates once again in an attempt to reach its 2% inflation target.

The Week

Bank of England warns 1m people to expect £500 a month added to mortgage bill

The Governor has warned 'there will be consequences'

Wales Online

When is the UK’s next inflation report and what is it likely to recommend?

The data has been described as a ‘glimmer of light’ for the Bank of England

Evening Standard

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Evening Standard

Wage restraint fantasy borders on the comical

City Comment: ‘No one wants to see unemployment higher’, claims Andrew Bailey, while giving every indication that’s exactly what he wants.

The Guardian - UK

Rising mortgage rates will cause ‘financial stress’, MPs hear, as two-year fixed rates hit 15-year high – as it happened

Treasury Committee quiz lenders about mortgage rates, as two-year fixed mortgage rate rises to 6.66%, highest since 2008

The Guardian - UK

Record UK pay growth adds to pressure for interest rate rise

Jeremy Hunt and Bank of England’s Andrew Bailey call for wage restraint to help curb inflation

The Guardian - UK

Bank of England boss vows to ‘see the job through’ on reducing inflation

Andrew Bailey to give speech in City of London signalling further interest rate rises are in store

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news in one place.

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The Independent UK

Labour tells Jeremy Hunt his advisers must not undermine Bank of England

Exclusive: Members of Mr Hunt’s Economic Advisory Council said the Bank had ‘tried to be too cute’ by not being clear enough on the need for interest rates hikes

Evening Standard

Bank of England’s governor accuses retailers of profiteering during cost of living crisis

Andrew Bailey has come out swinging against retailers and backed regulators

The Guardian - UK

Bank governor accuses UK retailers of overcharging on petrol and other goods

Unnecessarily high fuel prices will have to be tackled to help reduce inflation, suggests Andrew Bailey

The Independent UK

Bank boss Bailey slams petrol companies for overcharging motorists

The Bank of England governor said petrol retailers have been ‘charging too much’

The Guardian - UK

FTSE 100 hits lowest closing level of 2023 as interest rate rise fears grip markets – business live

FTSE 100 index posts biggest one-day fall since March, as strong US jobs report fuels fears of even higher US interest rates

The Guardian - UK

If there’s such a thing as an inflation quota, has Britain already exceeded it?

According to some in the City, the UK will have to keep prices flat for the next seven years to make up for the last three. Really?

Tribune News Service

ACLU sues top Missouri election official Ashcroft over ‘misleading’ abortion rights ballot summary

COLUMBIA, Mo. — The ACLU of Missouri is seeking a new ballot summary for a proposed initiative petition that would restore abortion rights in Missouri, where the procedure is banned.

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