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Andrew Bailey

  • Bank of England will move hundreds of jobs to Leeds to ‘improve trust’

    May 17, 2024

    One in ten employees of The Bank of England will be based in Leeds by 2027, it has been announced.

  • Dovish Bank of England opens the door to interest rate cuts

    May 9, 2024

    "Its likely that we will need to cut Bank Rate over the coming quarters…possibly more so than currently priced into market rates," Bailey said.

  • Bank of England predicts growth tailwind as impact of interest rates wanes

    May 9, 2024

    The Bank of England's new forecasts show inflation falling to target earlier than its last round in February.

  • Bank of England holds interest rates again but June cut on the cards

    May 9, 2024

    The Bank of England voted to hold interest rates at 5.25 per cent.

  • The markets are wrong. Bank of England interest rate cuts are on the way

    May 7, 2024

    In a huge swing, markets are now only fully pricing in one rate cut by the Bank of England for 2024. But Chris Dorrell argues that, as things stand, more cuts are likely

  • Why we should be cautious about rising business confidence

    April 30, 2024

    A number of surveys have said that business confidence in the UK is on the up and the economy is set to rebound. But dig a little deeper, the news might not quite be as rosy as it sounds, Chris Dorrell writes

  • Bank of England to cut interest rates in August before the Fed, economists predict

    April 28, 2024

    The Bank of England is expected start cutting interest rates in August before the US Federal Reserve, a City PM poll of top economists has revealed, as inflation edges back down to the government's two per cent target.

  • Liz Truss admits she should have met Andrew Bailey while in No10

    April 21, 2024

    Liz Truss has admitted she should have met with Andrew Bailey while she was in No10.

  • Bank of England left with tough choice on interest rate after week of fresh data

    April 19, 2024

    Most of this week has been dominated by discussions about when the Bank of England will start cutting interest rates.

  • Bernanke is right. The Bank of England must urgently improve its communications

    April 16, 2024

    With the Bank set to pivot to rate cuts sooner rather than later, it is crucial it communicates its decisions clearly. Failure to do so could further erode public confidence in the Old Lady, Chris Dorrell writes

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