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The Latest Breaking News from Andrew Bailey

Silicon Valley Bank collapse was fastest since Barings in 1995, Bank of England governor says

Andrew Bailey says economy is in ‘period of very heightened tension and alertness’

The Independent UK

Bank of England ‘vigilant’ in wake of Silicon Valley Bank collapse, says Bailey

Governor tells MPs market turmoil has ‘tested’ banking sector for signs of weaknesses but denies fresh crisis is looming

The Guardian - UK

Bank of England chief: HSBC was only reasonable bidder for Silicon Valley Bank UK

Other prospective bidders, Andrew Bailey said, either never submitted a firm offer or attached terms the Bank couldn’t agree to

Evening Standard

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Watch as Bank of England governor speaks to Treasury committee on SVB rescue

Watch as Bank of England governor Andrew Bailey speaks to the Treasury committee about Silicon Valley Bank (SVB) after its £1 rescue by HSBC.

The Independent UK

SVB collapse was ‘fastest since Barings’, Bank of England says, in call for vigilance – as it happened

Treasury committee holds hearing on the sudden collapse of Silicon Valley Bank this month

The Guardian - UK

Myopia in the Bank of England over companies’ profiteering

Letter: Research showing that most price increases came from ‘companies seeking to maintain profit margins’ has not been noticed by the Bank, writes Bernie Evans

The Guardian - UK

So things are getting better – but it’s no thanks to the Bank of England

Governor Andrew Bailey has had to accept that the economy is resilient, but he’ll still find reasons to keep interest rates high

The Guardian - UK

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Greedflation: are large firms using crises as cover to push up their profits?

Critics of corporate behaviour over the pandemic and Ukraine war say company profit and loss accounts tell their own story

The Guardian - UK

Bank of England chief warns firms hiking prices could lead to higher interest rates

His comments follow a surprise increase in inflation earlier this week and the Bank of England's decision to raise interest rates - the 11th rise in a row - from 4% to 4.25%.

Daily Mirror

Wetherspoon’s boss: hospitality holding off price rises could be ‘catastrophic’

Tim Martin says Bank of England is right to ask firms to be mindful but advice should not be taken too literally

The Guardian - UK

Bank of England boss urges firms to hold back price rises or risk higher rates

Andrew Bailey says interest rates will have to rise again unless inflation falls

The Guardian - UK

Interest rates will rise again if businesses raise prices – Bank of England boss

Governor states optimistic outlook that the UK can avoid a recession, after being on a 'knife edge' last month

Insider UK

Deutsche Bank shares tumble as fresh banking sell-off grips Europe and US – as it happened

Stock markets and oil fall amid fears over Germany’s biggest bank

The Guardian - UK

Interest rates will rise again if businesses hike prices, Bank of England boss warns

His comments come after interest rates were lifted to 4.25% from 4%.

Evening Standard

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Zenger

Bank Of England Hikes Interest Rates To 4.25%: Pound Edges Higher, UK Stocks Hold Steady

The Bank of England raised interest rates by 25 basis points to 4.25% as the Pound edges higher and the UK Stock hold steady

The Independent UK

Mortgage misery as Bank of England hikes interest rates to a 14-year high

Double whammy as average council tax bill to pass £2,000 for the first time

The Independent UK

Missouri Senate OKs limits on transgender treatments, sports

Missouri minors no longer could receive gender-affirming treatments under a state Senate-approved bill

The Independent UK

Doctors question aspects of Missouri transgender care limits

Missouri’s attorney general says he will issue an emergency regulation that at least temporarily puts strict limits on transgender medical treatment for youth

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Tribune News Service

Missouri Senate advances bans on gender-affirming care, transgender student athletes

JEFFERSON CITY, Mo. — The GOP-controlled Missouri Senate early on Tuesday advanced a pair of bills that would ban most gender-affirming care for minors and bar transgender people from competing in women’s sports.

The Guardian - UK

First Thing: Missouri to limit gender-affirming care for minors

Missouri’s Republican attorney general sidesteps GOP-led state senate as it struggles to pass legislation

Tribune News Service

Missouri AG Andrew Bailey announces rules targeting gender-affirming care for minors

JEFFERSON CITY, Mo. — Missouri Attorney General Andrew Bailey on Monday said his office plans to file a set of emergency rules aimed at restricting how doctors provide gender-affirming care to minors.

The Independent UK

Missouri to restrict gender-affirming care for minors

Missouri's Republican attorney general says his office will limit access to gender-affirming care for minors

Tribune News Service

Attorney Erin Hawley, wife of Missouri senator, fighting to end FDA approval of abortion pill

KANSAS CITY, Mo. — Erin Morrow Hawley, an attorney and wife of one of Missouri’s senators, is at the center of a federal lawsuit in Texas that could cancel approval of a common drug used to terminate pregnancies, threatening abortion across the country.

Daily Record

Great excitement as Perth Masters Swimming Club prepares to host sold-out event at local leisure pool

Swimmers aged between 19 and 80 - from more than 30 cities and towns - will descend on Perth Leisure Pool

The Guardian - UK

Silicon Valley Bank: inquiries launched into bank’s collapse and UK arm

Probes announced in the UK and US over failure of California lender as financial markets recovered from Monday’s turmoil

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