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The Latest Breaking News from Andrew Bailey

Bank of England head welcomes UK efforts with EU

The Windsor Framework, agreed between the UK and the EU in 2023, amended the Northern Ireland Protocol.

Evening Standard

Bank of England governor urges deeper ties with EU to ‘minimise’ Brexit impact

Andrew Bailey says Brexit was not ‘wrong’ but welcomes the UK’s efforts to reset relations with the bloc

The Guardian - UK

Interest rates falling ‘too fast’ sparking inflation worry, Bank of England’s chief economist warns

Huw Pill said cuts in the Bank of England’s base rate have been ‘too rapid’

The Independent UK

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Missouri's attorney general has sued a utility over an explosion of a home that killed a 5-year-old

Missouri’s attorney general has sued a natural gas company over the explosion of a home in a small town that killed a 5-year-old boy

The Independent UK

Europe remains the key to Britain’s future economic success

THE INDEPENDENT VIEW: Editorial: For all the praise that has greeted the government’s new trade arrangements with India and the United States, it is the promise of closer ties – both economic and defensive – with our nearest neighbours that will prove the most valuable and enduring

The Independent UK

Voices: If the UK is to grow, Labour must look towards the real trade prize

COMMENT : An agreement with the US, which leaves its 10 per cent tariffs in place, would be eclipsed by a deal that lowered the trade barriers between the UK and the EU, writes James Moore

The Independent UK

Bank of England governor urges UK to rebuild EU trade ties as key summit looms

After US talks, Andrew Bailey says Britain must do everything it can to improve trading relations with bloc

The Guardian - UK

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UK must seek to ‘rebuild’ trade relationship with EU, says Bank governor

In an interview with the BBC, the Bank’s chief suggested that the UK-US trade deal secured on Thursday could set an example globally.

Evening Standard

Donald Trump suggests tariffs on China should be 80%, as investors hope for thaw in trade war – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Interest rates: Why have they been cut and what does it mean?

Here the PA news agency looks at what the decision means and what the Bank expects to happen to the economy.

Evening Standard

Bank of England cuts rates as governor welcomes UK-US trade deal

Interest rates were cut from 4.5% to their lowest level since May 2023, in their fourth reduction over the past year.

Evening Standard

UK economy faces growth shock from Trump tariffs, says Bank governor

Andrew Bailey says UK not close to recession but he would be ‘encouraged’ if trade deal with US were agreed

The Guardian - UK

IMF urges global leaders to resolve trade tensions rapidly, as China tells US to ‘cancel all unilateral tariffs’ – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

UK must take impact of trade wars ‘very seriously’, says Bank governor

Andrew Bailey said the central bank is currently ‘working through’ the implications of US President Donald Trump’s tariff plans.

Evening Standard

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Reason

Fewer People Support Censoring False Information Online

Support for suppressing "violent content" has also dropped.

The Fashion Central

Rachel Reeves Breaks Silence After Market Chaos — Here’s What She Told the Bank of England

Amid the global financial jitters triggered by Donald Trump’s latest tariffs, Rachel Reeves has stepped up to reassure the public.

Evening Standard

Britain needs to be AI-ready to keep up with the rest of the world

Research shows only only 10% of UK organisations are fully prepared to harness AI’s potential.

Evening Standard

Spring Statement: Rachel Reeves needs AI to 'move needle' on economic growth, says Bank of England governor

The UK’s economy has been flatlining

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The Guardian - UK

Reeves to put £2bn into affordable housing to ‘sweeten the pill’ of cuts

Chancellor will announce plans to fund 18,000 social homes before fraught spring statement on Wednesday

Evening Standard

Bank of England governor calls for co-operation amid tariff war

Andrew Bailey was speaking after the Bank voted to hold interest rates last week while policymakers assess the impact of US trade tariffs.

Euronews

Bank of England keeps benchmark interest rate stable at 4.5%

The central bank's decision comes amid rising uncertainty over the UK's economic growth, especially as US tariff threats loom.

International Business Times

BoE Warns On 'Economic Uncertainty' As Rate Held

The Bank of England kept its key interest rate at 4.5 percent Thursday, as it warned of "a lot of economic uncertainty" caused largely by US President Donald Trump's tariffs.

The Guardian - UK

Bombshells and revelations: how the Jes Staley evidence unfolded

Ex-Barclays CEO’s admission that he had sex with Jeffrey Epstein employee is among details to emerge in court

Evening Standard

Trump’s fresh steel tariffs threaten UK growth hopes, warn business groups

Experts warned against ‘the siren calls of protectionism’ amid fears the latest trade war escalation could derail economic growth.

The Independent UK

Missouri plans to seize assets to make China pay a $24.5 billion judgment, but can it collect?

Missouri’s attorney general is threatening to seize Chinese assets across the U.S. to collect $24.5 billion awarded in a lawsuit against China stemming from the COVID-19 pandemic

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