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Bank of England's Bailey defends bank rules

Bank of England's Bailey defends bank rules after Reeves attack
Bank of England Governor Andrew Bailey said on Tuesday he did not agree with finance minister Rachel Reeves' description of regulation as a "boot on the neck of businesses" and he defended rules for the banking sector which are overseen by the BoE.
Bank of England governor distances himself from Rachel Reeves’ attack on regulators
The Bank of England governor has distanced himself from an attack by chancellor Rachel Reeves on financial regulation, including bank ringfencing, saying he would not use the rhetoric she deployed.
Bailey Defends Bank Ring-Fencing Regime as UK Mulls Changes
Bank of England Governor Andrew Bailey urged the government to avoid taking drastic action as it evaluates the merits of the ring-fencing regime that forces the separation of large UK banks’ retail and trading arms.
Bank of England's Bailey backs IMF to help fix problems in global economy
Bank of England Governor Andrew Bailey said on Tuesday the International Monetary Fund had a key role to play in tackling the buildup of risky imbalances in the world economy, many of them coming from the United States and China.
Bank of England's Bailey says rise in borrowing costs is not just a UK issue
Bank of England Governor Andrew Bailey said on Tuesday that a rise in British government borrowing costs was not out of line with increases in other countries. "We have seen steepening of yield curves going on now,
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Bank of England's digital pound loses momentum as CBDC benefits diminish
The central bank once backed the digital pound but now tells banks to upgrade their own payment systems. It believes private ...
Bank of England mulls canning CBDC plan: Report
The UK central bank may scrap its digital pound amid skepticism and preference for bank payment innovations, Bloomberg ...
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Bank of England Considers Abandoning Digital Pound CBDC Project Amid Growing Opposition
Bank of England considers abandoning digital pound CBDC project after £24 million spending amid growing privacy concerns.
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Bank of England considers shelving plans for a digital pound
LONDON] Bank of England (BOE) officials are mulling whether to set aside plans to create a digital pound for households amid ...
How is a bank holiday created as England Euro 2025 win celebrated
"Bank holidays are a devolved issue in Scotland, enabling the creation of a ninth bank holiday (St Andrew’s Day) in 2007.
Deregulation drive risks repeat of financial crisis, Bank of England governor says
Andrew Bailey told MPs during a Treasury Committee session on Tuesday morning that the UK “cannot compromise” on financial ...
Bank of England cut ‘more likely’ next month as wage growth slows – what it means for your money
WORKERS’ pay across the UK has slowed as businesses face increased staffing costs making an interest rate cut “more likely”.
Bank of England scrutinizes lenders for dollar risk, sources say
The Bank of England has asked some lenders to test their resilience to potential U.S. dollar shocks, three sources said, the ...