The Latest Breaking News from Andrew Bailey

City watchdog failed British Steel pension savers, MPs say

The Financial Conduct Authority has been criticised by MPs on the the Public Accounts Committee.

The Independent UK · Jul 20, 2022

The Guardian view on the UK economy: what an almighty mess

An unprecedented number will spend this winter choosing between freezing and starving. Britain needs an active state to help

The Guardian - UK · Jul 20, 2022

UK inflation surges to new 40-year high of 9.4%

Inflation in the United Kingdom has accelerated to a new 40-year high, driven by rising food and fuel prices that are contributing to a cost-of-living crisis

The Independent UK · Jul 20, 2022

Parents dipping into children’s savings to pay soaring bills, poll finds

Britons are lifting around £8.5m a day from their children as costs continue to soar, survey found

The Independent UK · Jul 3, 2022

Barclays gives 35,000 staff a £1200 pay boost to help with cost of living

Barclays is to give 35,000 UK staff a £1,200 pay rise in August to help them cope with the soaring cost of living.

Evening Standard · Jun 30, 2022

Soaring inflation to hit Britain harder than any other major economy

To address inflation, the Bank of England warns it may need the option of half-point interest rate rises

Wales Online · Jun 30, 2022

UK faces bigger and faster recession than other European countries, Bank of England warns

Andrew Bailey said the UK economy had reached a ‘turning point’

The Independent UK · Jun 29, 2022

UK will face worse inflation than other major economies, says Bank governor

Andrew Bailey said inflation would persist for longer than previously expected as petrol prices soar

The Guardian - UK · Jun 29, 2022

Central bank policymakers should not assume reputations will recover

As inflation soars, the Fed, ECB, Bank of England and others are more regularly challenged than in the past

The Guardian - UK · Jun 28, 2022

With team effort, Giants accomplish something vs. Pirates they hadn’t done since 2017

PITTSBURGH — The Giants’ 7-5 win here Saturday afternoon, securing their first series win against the Pirates since 2017, was the definition of a team effort.

Tribune News Service · Jun 19, 2022