Bank of England governor Andrew Bailey sounds alarm over jobs ahead of Budget

Budget warning over jobs as he revealed that ‘a lot of companies talk to me about reducing their hiring’.Mr Bailey told US ...

UK interest rate cut expected as unemployment rises and wage pressures ease

An early Christmas present could come in the form of an interest rate cut from the Bank of England following a rise in ...

Andrew Bailey: Bank of England Governor to have ‘deciding vote’ on interest rates

Bank of England Governor Andrew Bailey is set to have the deciding vote on whether to slash interest rates by 25 basis points, analysts have said. The Bank is expected to keep interest rates on hold ...

Bank holds interest rates amid budget uncertainty and high wage growth

Looking ahead, there are a couple of ways the Bank thinks things could play out. 1. Pay growth weakens, closer to 3%, and one ...
U.S. News & World Report

Bank of England's Bailey Says Jobs Market Slowing but Inflation Outlook Uncertain

LONDON (Reuters) -Bank of England Governor Andrew Bailey said on Thursday that a recent pickup in inflation created more uncertainty about the medium-term picture for price growth but he also noted ...