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The Latest Breaking News from Andrew Bailey

Keir Starmer denies budget to blame for rise in mortgage rates

PM says budget stabilised the economy, while mortgage rates are ‘individual decisions for the banks’

The Guardian - UK

OPINION - Did Andrew Bailey's Brexit comments overstep the mark?

Andrew Bailey is a walking market mover. Every time the Governor of the Bank of England opens his mouth, he knows it could impact the cost of UK government borrowing, or the price of sterling, or any number of things. Consequently, his public statements are rarely made off the cuff.

Evening Standard

Could Labour build closer EU trade ties and would this increase growth?

Bank of England governor says Brexit has harmed UK economy, while Donald Trump will also complicate matters

The Guardian - UK

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Step up Brexit reset or European allies will lose patience, Starmer warned

Call comes after Bank of England’s governor Andrew Bailey said the UK should rebuild relations with the European Union as he warned of the economic consequences of leaving the bloc

The Independent UK

Bank of England chief says UK must 'rebuild relations' with EU

THE governor of the Bank of England has said the UK must “rebuild relations” with the EU, adding that one of Brexit’s key consequences was…

The National (Scotland)

EU needs UK, former French president pleads to Starmer in warning over Trump’s return

François Hollande said the UK and EU need each other ‘to respond to Trump’s offensive and to find solutions for the conflicts in Ukraine and the Middle East’

The Independent UK

Bank of England governor says Brexit has undermined UK economy

Andrew Bailey calls for relations with EU to be rebuilt as Trump plans US tariffs

The Guardian - UK

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Bank of England chief warns of Brexit consequences as he calls for UK to rebuild EU relations

Andrew Bailey ‘points out the consequences’ of Brexit in an address to the City of London

The Independent UK

Bank of England chief to say UK must ‘rebuild relations’ following Brexit

Andrew Bailey will talk about the importance of economic growth at the annual Mansion House speech in the City of London.

The Independent UK

Rules imposed after financial crisis have ‘gone too far’, Reeves tells City bankers

Chancellor uses Mansion House speech to suggest it is time to loosen some constraints brought in after 2007-08 crash

The Guardian - UK

Bank of England chief economist cautions over global economic ‘disturbances’

Huw Pill said the outlook for interest rate cuts depended on there being ‘no big new disturbances to the economy’.

Evening Standard

Missouri Attorney General Andrew Bailey Considered For US Attorney General

Missouri AG Andrew Bailey considered for US attorney general by President-elect Trump. Other candidates include Ken Paxton, Matt Whitaker, Sen. Mike Lee, J...

Top News

Bank Of England Cuts Interest Rates Amid Falling Inflation

Bank of England cuts interest rates to 4.75% in response to UK's low inflation, emphasizing a cautious approach.

International Business Times

Bank Of England Cuts Interest Rate As Inflation Slows

The Bank of England on Thursday said it was cutting its key interest further after UK inflation hit a three-year low and signalled more reductions, easing pressure on borrowers.

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Evening Standard

Why has the Bank of England cut the interest rate and what does it mean for mortgages and inflation?

A lowering of the base rate to 5% suggests mortgage costs have peaked and inflation is coming under control

The Independent UK

Bank of England cuts interest rates as borrowing costs to fall ‘gradually’

The Bank’s Monetary Policy Committee announced that rates were being reduced from 5% to 4.75% on Thursday.

The Guardian - UK

Bank of England cuts interest rates by 0.25 points to 4.75%

Borrowing costs reduced for second time this year with Fed expected to cut US rates later on Thursday

The Guardian - UK

America’s fight with inflation has been won – just in time for a bigger battle

The Fed is likely to cut base rates this month – but its decision will come the day after an explosive US election

Latin Times

Missouri AG Investigates Google, Claims Tech Giant 'Manipulating Search Results' Ahead of Elections

The tech company denied wrongdoing, claiming Google Search is "nonpartisan" and accusations are "totally false."

The Guardian - UK

Missouri Republican says he is investigating Google for ‘censoring conservative speech’

State attorney general alleges without providing evidence that Google is manipulating search results, as tech firm says claim ‘totally false’

Evening Standard

Budget 2024: Homeowners 'to be hit with high mortgage bills for longer' as Rachel Reeves borrows billions

The Chancellor is also set to announce a string of tax rises in the Budget on October 30

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