The Latest Breaking News from Andrew Bailey

We’ve avoided recession for now, but the outlook is one of perma-gloom

December’s GDP was boosted by us all cranking up the heating. Actual economic growth has not looked so weak in decades

The Guardian - UK · Feb 5, 2023

New Bank of England interest rates rise impact on future mortgage payments and soaring inflation

The base rate increased from 3.5% to 4% to help bring double-digit inflation under control.

Daily Record · Feb 3, 2023

FTSE 100 hits all-time high after US jobs report beats forecasts – as it happened

UK’s blue-chip index has hit a new record high of 7906 points, helped by weak pound, and hopes that interest rates may be near their peak

The Guardian - UK · Feb 3, 2023

20 attorneys general warn Walgreens, CVS over abortion pills

Attorneys general in 20 conservative-led states are warning CVS and Walgreens that they could face legal consequences if they sell abortion pills by mail in those states

The Independent UK · Feb 1, 2023

Bank of England Governor in cryptocurrency warning

Andrew Bailey said people holding unbacked crypto could lose all their money while the BoE remains committed to cash

Birmingham Post · Jan 20, 2023

Bank of England governor Andrew Bailey tips inflation to fall ‘quite rapidly’ in late spring

Andrew Bailey said lower energy prices will help drive down inflation in coming months

Evening Standard · Jan 20, 2023

Inflation set to fall 'quite rapidly' in coming months as 'a corner has been turned'

The Governor of the Bank of England said it was likely due to energy pricing

Wales Online · Jan 20, 2023

BofE Governor Bailey insists ‘corner has been turned’ on inflation

Central Bank chief hints that interest rates may peak at 4.5%

Evening Standard · Jan 19, 2023

Bank of England Governor Andrew Bailey on inflation, interest rates and recession

Andrew Bailey has been on an official visit to South Wales

Birmingham Post · Jan 19, 2023

Inflation dips to 10.5% but remains close to 40-year high - what it means for your money

Consumer Prices Index (CPI) inflation fell to 10.5% in the 12 months to December - this is down from 10.7% in November and 11.1% in October when it hit a 41-year high

Daily Mirror · Jan 18, 2023