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The Latest Breaking News from Andrew Bailey

Nigel Farage Slams Deepfake X Ads Claiming He Fought Bank of England's Andrew Bailey

Nigel Farage condemns AI-generated deepfake adverts falsely portraying him confronting Bank of England governor Andrew Bailey, underscoring rising concerns over online fraud and digital deception.

International Business Times UK

Bank of England warns of AI scams as deepfakes of Farage-Bailey fight spread

Governor urges people to report videos on X that falsely show the men clashing in the Question Time studio

The Guardian - UK

Nigel Farage speaks out over deepfake X adverts featuring him fighting Bank of England governor Andrew Bailey

The posts have circulated on X falsely claim Farage confronted Mr Bailey on the BBC’s Question Time

The Independent UK

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Nigel Farage hits out at X deepfakes showing him brawling with Bank of England governor on Question Time

Fake images have circulated on X which link to articles that falsely claim Mr Farage confronted Mr Bailey on the BBC’s Question Time

Evening Standard

Nigel Farage and Andrew Bailey condemn deepfake social media posts of them fighting

NIGEL Farage and Bank of England governor Andrew Bailey have condemned deepfake social media adverts showing the two men fighting

The National (Scotland)

Bank defends idea to replace banknote historical figures with dolphins and owls

Animal include dolphin, a fox, a butterfly, an owl, a bumblebee, and a shark

The Independent UK

Churchill Won't Be on UK Banknotes for Long: Hedgehogs and Puffins Could Replace Historic Icons

The Bank of England is hosting a vote on 18 native wildlife to replace historical figures on £5, £10, £20, and £50 notes — the first redesign without a Briton since 1970, to boost security and celebrate UK biodiversity.

International Business Times UK

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Global Market: BoE Governor Bailey stresses need to restore inflation credibility as price risks persist

Bank of England Governor Andrew Bailey emphasized maintaining public confidence in the 2% inflation target, rejecting calls to raise the goal despite current inflation exceeding projections. While acknowledging geopolitical impacts, he noted potential for energy shocks to be less persistent than feared, as market expectations for rate hikes remain cautious.

The Economic Times

Dolphins, foxes and butterflies among animals which could feature on new UK banknotes

The new designs will replace historical figures such as Winston Churchill, who have featured on banknotes since 2016

The Independent UK

Inflation target should not be increased, says Bank governor

Andrew Bailey he believes inflation would currently be at the 2% target level were it not for the conflict in the Middle East.

Evening Standard

UK banks still lack access to Mythos AI model, Bank of England governor says

Bailey, speaking to Bloomberg TV, said Anthropic was willing to share ‌the models on ⁠a ⁠trial basis but there appeared to be a political hold-up.

The Economic Times

Bank of England’s Bailey says no rush to raise interest rates amid Iran war uncertainty

Inflation can be tolerated above 2% target for now ‘given context of softness in real economy’, governor says

The Guardian - UK

Bank of England can tolerate inflation above 2% target, says Bailey

Andrew Bailey told an audience in Reykjavik, Iceland, that reacting too early to inflation concerns ‘may generate undesirable volatility’.

Evening Standard

Britain’s politicians need to worry less about the bond markets – and more about the Bank of England

A new model of central banking would weaken the power of bond vigilantes – and help progressive politicians pay for transformative change, says academic Daniela Gabor

The Guardian - UK

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The Independent UK

Andy Burnham latest: Vote for me is a vote to change Labour, Manchester mayor tells Makerfield as he unveils slogan

Recent polling has shown that Mr Burnham would comfortably win among Labour members in a leadership contest

Evening Standard

We may have cut interest rates twice this year if not for Iran war – Bank chief

Bank of England governor Andrew Bailey told MPs on the Treasury Committee that a rate cut had been taken off the table following the conflict.

The Independent UK

Bank of England governor says food price freezes are ‘unsustainable’

The Iran conflict has been the ‘dominating change in the landscape’ for the economy, Andrew Bailey said

The Guardian - UK

Monday briefing: Is the bond market making Britain ungovernable?

In today’s newsletter: The fate of Liz Truss is a warning to any PM thinking of implementing radical economic reform. But does the need to appease the market mean real change is always out of reach?

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Evening Standard

FTSE 100 rallies as oil eases and Bank of England holds rates

The FTSE 100 closed up 165.71 points, or 1.6%, at 10,378.82.

Evening Standard

Bank signals interest rates could rise as Iran war to push up cost of living

The new outlook comes as interest rates were held at 3.75% on Thursday.

The Guardian - UK

Central bank bosses enlist for war game to gauge threat of Lehman-style bust

Finance chiefs to join exercise in Washington designed to assess how they would handle collapse of significant bank

The Guardian - UK

Finance leaders warn over Mythos as UK banks prepare to use powerful Anthropic AI tool

Release of new Claude model, so far limited to US firms, will expand to British institutions in coming days

Evening Standard

Stocks buoyed by Tesco and welcome GDP surprise

The FTSE 100 closed up 30.41 points, 0.3%, at 10,589.99.

The Independent UK

Bank of England chief warns of ‘difficult judgements’ around changes to interest rates

Rates sit at 3.75% but a vote is incoming at the end of April

Evening Standard

Bank will not rush into moving rates despite ‘big energy shock’, says Bailey

The Bank of England boss said the energy shock will push up prices across the world.

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