The Latest Breaking News from Andrew Bailey

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

Evening Standard · Jul 6, 2023

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 Guardian - UK · Jul 6, 2023

Bank boss Bailey slams petrol companies for overcharging motorists

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

The Independent UK · Jul 6, 2023

Missouri taxpayers to pay $242,000 to Democrats for records violations under Josh Hawley

JEFFERSON CITY — A Cole County judge on Wednesday ordered the Missouri attorney general's office to pay $242,000 in legal fees in connection to Sunshine Law violations under current U.S. Sen. Josh Hawley.

St. Louis Post-Dispatch · Jun 29, 2023

High interest rates may persist, says Bank of England governor

Andrew Bailey says financial markets expect more rate rises amid continuing high inflation

The Guardian - UK · Jun 28, 2023

Wage rises are driving inflation? Don’t swallow this dangerous rightwing myth

All the evidence is there: corporate greed is the culprit, but policymakers daren’t take on big business, says Guardian columnist Owen Jones

The Guardian - UK · Jun 28, 2023

Top central bankers assert need for higher interest rates to tackle persistent inflation

Several of the world's top central bankers got together, and their message was clear: interest rates could go even higher to combat inflation

The Independent UK · Jun 28, 2023

Bank of England admits its own forecasts ‘unworkable’ in inflation crisis

Central bank’s model ‘based on last quarter century’, concedes chief economist Huw Pill

The Independent UK · Jun 28, 2023

Banks have ‘questions to answer over interest rate rises for savers’

The Bank last week raised interest rates from 4.5% to 5%, triggering fresh misery for struggling mortgage holders.

The Independent UK · Jun 28, 2023

UK business minister says Thames Water must survive; Bank of England governor understands criticism over rate hike – as it happened

Rolling coverage of the latest economic and financial news, as government begins drawing up contingency plans for the collapse of Thames Water

The Guardian - UK · Jun 28, 2023