governor

Bank of England governor to join Reeves on key China visit | Money News Aitrend

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Bank of England governor to join Reeves on key China visit | Money News Aitrend

Bank of England Governor Andrew Bailey will join Rachel Reeves on a visit to China next month aimed at strengthening financial services trade ties between the two countries. Sky News has learned that Mr Bailey and Nikhil Rathi, chief executive of the Financial Conduct Authority, will both accompany the chancellor during the January trip. Mr … Read more

Bank of England governor supports retail sector following fiscal jobs warning | Money News Aitrend

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Bank of England governor supports retail sector following fiscal jobs warning | Money News Aitrend

The governor of the Bank of England said industry lobby group the British Retail Consortium (BRC) was right to warn of job losses resulting from the Budget. There is a “risk” of rising unemployment due to increases in employers’ national insurance contributions and increases to the minimum wage announced by Chancellor Rachel Reeves last month, … Read more