Andrew Bailey, the Bank of England chief, is trying to calm markets, wrestle inflation and maintain the bank’s credibility amid Britain’s financial storm.
Tag: Great Britain
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Liz Truss Stirs Uncertainty Over the UK’s Economic Plans
Prime Minister Liz Truss appeared to rule out cuts in public spending, as doubts about the fiscal soundness of the government’s program continued to roil the markets.
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Bank of England Expands Market Intervention to Avoid a ‘Fire Sale’
In the final week of its emergency bond-buying program, the central bank is expanding its efforts to restore bond market function.
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U.K. Government Plans an Update to Its Tax and Spending Agenda
After an earlier announcement sent markets into a tailspin, the prime minister and the chancellor are under pressure to restore fiscal credibility.
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Boris Johnson Inc. Is About to Go Public
Following in the footsteps of his predecessors, the former prime minister is likely to earn huge sums as an author and speaker, just as the lecture circuit booms back to life.