European Union, Bank of England

UK must keep trade open and EU close in fragmenting world, Bank of England's Bailey says
Britain should stand up for free trade and rebuild ties with the European Union as the global economy fragments, Bank of England Governor Andrew Bailey said in a speech on Thursday that cast an eye towards Donald Trump's White House return.
Brexit has 'weighed' on economy and UK 'must rebuild relations' with EU - Bank of England governor
Sir Keir Stamer has vowed a reset with the EU, but he is under pressure to explain what that could look like. And now Andrew Bailey has suggested closer ties would make economic sense.
UK must keep trade open and EU close, Bank of England says
While Bank of England Governor Andrew Bailey not refer directly to the US election in his speech, policymakers are still digesting Trump's victory and the prospect of double-digit tariffs on goods imported by the United States.
UK must rebuild post-Brexit relations with EU, says Bank boss
The UK must "rebuild relations" with the EU "while respecting the decision of the British people" who voted to leave in 2016, the Bank of England's governor will say later. Andrew Bailey's Mansion House speech to investors will mark some of his strongest comments yet on Brexit,
Bank of England chief warns of Brexit consequences as he calls for UK to rebuild EU relations
The UK must rebuild relations following Brexit, the governor of the Bank of England has said, warning of the economic consequences of leaving the European Union. Speaking alongside the chancellor at the annual Mansion House dinner in the City of London,
BOE's Bailey Says UK Must Rebuild Brexit Relations
Bank of England Governor Andrew Bailey gave a speech at Mansion House in London to investors, commenting on the impacts of Brexit and importance of trade relations with the EU. He said "The changing trading relationship with the EU has weighed on the potential supply" and that the UK must be "alert to and welcome opportunities to rebuild relations.
Trump election boosts UK inflation risks, Bank of England's Mann says
The Bank of England should keep interest rates on hold until upside risks to inflation - including those posed by the ...
Bank of England chief points out "consequences" of Brexit in annual speech
The governor of the Bank of England says the UK must “rebuild relations” following Brexit, in his annual to the City of ...
Politics latest: Bank of England boss gives frank assessment of Brexit ahead of chancellor's major speech
Sir Keir Starmer has hailed the "significant" arrest of an alleged supplier of small boats used to cross the Channel.
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Bank of England cuts UK interest rates again despite modest budget-related inflation spike
The Bank of England has cut its main interest rate by a quarter of a percentage point after inflation across the U.K. fell ...
Trump’s trade war could hit Britain, warns Bank of England ratesetter
Gas prices surged to their highest level in a year after a warning about a reduction in supplies from Russia. Dutch ...
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UK economic growth is 'not a good story,' says Bank of England's Bailey
Bank of England (BoE) governor Andrew Bailey is expected to say in a speech that the UK's economic growth situation is ...
Bank of England's Pill Says Pay Growth Stuck at High Level
LONDON (Reuters) - Bank of England Chief Economist Huw Pill said labour market data released earlier on Tuesday showed ...
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Bank of England cuts rates but sees higher inflation after Reeves's budget
Reeves said families would welcome Thursday's rate cut. "Despite big spending increases in last week's UK budget, the ...
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Live: Bank of England cuts interest rates to 4.75%
The outcome of the Monetary Policy Committee meeting was announced at midday today. Stay up to date with live reporting and ...
Bank of England’s Mann warns of upward inflation pressures; markets eye US inflation – business live
Markets await US inflation for clues on further Fed rate cuts. Opus Energy has agreed to pay more than £7m in refunds, ...