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The Latest Breaking News from Andrew Bailey

Elon Musk secures $46.5bn as he prepares hostile bid for Twitter – as it happened

Tesla boss could take his takeover offer directly to shareholders, bypassing the Twitter board, as World Bank chief warns of ‘human catastrophe’ from food crisis

The Guardian - UK

G20 members condemn Russia's war in Ukraine, after Yellen and others stage walkout

Top officials from Britain, the United States and Canada walked out on Russia's representatives at a Group of 20 meeting on Wednesday and many members spoke to condemn Moscow's war in Ukraine, exposing deep divisions in the bloc of major economies.

Reuters

UK, U.S. and Canada left G20 meeting when Russia spoke, UK says

Britain's delegation to a meeting of top Group of 20 finance officials in Washington, including Bank of England Governor Andrew Bailey, walked out in protest at Russia's participation, a British finance ministry spokesperson said on Wednesday.

Reuters

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Governor of Bank of England hears how the Humber is a leading light in the future of energy security

Andrew Bailey was a guest of Hull and Humber Chamber of Commerce

Birmingham Post

The Making of a Giants Ace: Inside Logan Webb’s Star Turn

San Francisco’s Opening Day starter was always good enough. He just had to stop feeling sorry for himself.

Sports Illustrated

Bank of England Governor to address region's businesses as rising prices cause concern

Andrew Bailey will speak at a Chamber breakfast on Friday

Birmingham Post

Bank of England governor takes temperature of NI business on visit to Belfast

Andrew Bailey attended a breakfast arranged by Belfast Chamber

Birmingham Post

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Perth City Swim Club's new Pentaqua event makes splashing introduction

Organisers had been keen to offer competitive swimming for youngsters and the first series was a big success

Daily Record

Bank of England Governor warns real incomes to be hit by ‘historic shock’ bigger than in any year in 1970s

Inflation is set to average 7.4 per cent this year as energy bills spiral after the Covid-19 pandemic and as world markets are rocked by the Ukraine conflict

Evening Standard

Bank of England expects UK energy shock on the scale of the 1970s

Consumers and businesses will come under severe pressure from cost of living squeeze, says governor

The Guardian - UK

Bank of England urged not to raise interest rates amid cost of living crisis

The Bank wants to cool soaring inflation and Governor Andrew Bailey recently appealed to workers not to ask for big pay rises. But the GMB union yesterday called on rate-setters to hold fire

Daily Mirror

Bank of England joins effort to safeguard Ukraine’s assets as country faces economic devastation

Exclusive: The governor of the Bank of England, Andrew Bailey, offered his support to his Ukrainian counterpart

The Independent UK

Bank of England boss asks firms to show restraint when raising prices

Andrew Bailey makes request after his call for employees to not demand big pay rises comes under criticism

The Guardian - UK

Bank of England boss on £575k wage defends comments that staff shouldn't get pay rises

Andrew Bailey, who earns more than £575,000 a year, came under fire recently for suggesting workers should not ask for big pay rises to help control soaring inflation

Daily Mirror

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The Independent UK

Bank of England boss on £575,000 a year defends controversial ‘wage restraint’ comments

Andrew Bailey tells MPs that need for restraint on pay rises applies to everyone from bankers to care home workers

The Independent UK

Bank of England boss tells banks to use ‘restraint’ on bonuses

Andrew Bailey defended recent comments urging workers not to ask for big pay rises, saying the poorest will be hit hardest by inflation.

The Guardian - UK

Bank of England chief urges banks to show restraint on bonuses; global stocks recover – as it happened

Bank of England’s Bailey says sanctions pose no risk to UK’s financial sector, as foreign secretary talks about Britain’s plans to stop Russia selling sovereign debt in London

Birmingham Post

Governor of the Bank of England visits Somerset dairy farm

Andrew Bailey was given a tour of Radstock Co-operative Society's farm near Frome on a recent trip to the county

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The Independent UK

Starmer urges action to tackle rising cost of living

The Labour leader said it is ‘very difficult’ to tell people not to ask for a pay rise, following Bank of England Governor Andrew Bailey’s comments.

The Guardian - AU

Wednesday briefing: Palace silent on Andrew settlement

Duke in out-of-court deal with Virginia Giuffre … Biden warns Americans Ukraine war would not be ‘painless’… Jane Lynch on alcoholism

The Guardian - UK

Bank of England boss urged to shadow care worker for a day amid low pay row

GMB says Andrew Bailey should gain first-hand experience after he said workers should not ask for big salary rises

The Guardian - UK

The Bank of England has only one solution to rising inflation – make workers pay

Andrew Bailey’s stance on pay restraint shows how out of touch the governor is, says Daniela Gabor of UWE Bristol

The Independent UK

Bank of England boss criticised for ‘sick joke’ asking workers not to demand pay rise

Downing Street also criticised the comments from the Bank of England governor

The Guardian - UK

Andrew Bailey’s wage restraint call is not a forecast of 1970s-style inflation

Analysis: job vacancies are high but unions are weaker now – few sectors have enough post-Covid muscle to win big rises

Evening Standard

City comment: Why should workers take a pay cut to help out the Bank of England?

What is Andrew Bailey playing at?

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