Bailey

We MUST get rescue loans to our small firms, says Andrew Bailey

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When Andrew Bailey switched on his TV at home on Monday evening for the latest Covid-19 coverage and saw that the price of West Texas Intermediate oil had plunged into negative territory, it was something of an alarm call. For the Governor of the Bank of England – one of the small team of executives … Read more

Bank of England boss Andrew Bailey warns that lifting the lockdown too soon would cause WORSE damage

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The governor of the Bank of England today issues a stark warning that Britain should be cautious about lifting the coronavirus lockdown too early. In his first interview since taking the top job, Andrew Bailey told the Daily Mail that a premature end to the restrictions could cause a severe loss of confidence and inflict … Read more