Bank of England chief focused on tariff 'growth shock' but downplays UK recession risk
Bank of England Governor Andrew Bailey said Thursday that the central bank is focused on the potential U.K. growth shock from U.S. tariffs.
Andrew Bailey
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9 days ago
Bank of England chief focused on tariff 'growth shock' but downplays UK recession risk
The Bank of England is focused on the potential U.K. growth shock from U.S. tariffs if there is a slowdown in global trade, the central bank's governor Andrew Bailey said Thursday.
10 days ago
UK annual borrowing nearly £15bn above official forecast; stocks rise as Trump rows back on Fed attack – business live
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a story from The Guardian › International
UK government borrowed £151.9bn in year to March; investors cheered by hopes of US-China trade deal
Good morning, and welcome to our rolling coverage of business, the financial markets, and the world …
25 days ago
Reeves tries to soothe market jitters after sell-off driven by Trump tariffs
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a story from The Guardian › International
Wall Street rises after Treasury secretary says US can reach ‘some good deals’ with trading partners
Rachel Reeves stepped in to soothe stock market jitters on Tuesday am…
85 days ago
Rate cut can lift mood but Bank’s forecasts are unambiguously bleak
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a story from The Guardian › International
Weak jobs market and above-target inflation will dent Reeves’s growth plans and may wipe out fiscal headroom
86 days ago
Bank cuts interest rates and slashes growth forecast
Bank boss Andrew Bailey told the BBC it expected to cut rates further but warned the road ahead would be bumpy.
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