Chancellor Rachel Reeves and governor of the Bank of England Andrew Bailey have clashed on Revolut's license bid.

Bank of England governor Andrew Bailey intervened to stop a meeting that chancellor Rachel Reeves tried to secure between financial watchdogs and Revolut, according to people familiar with the matter, ...

Digital currencies are coming, but the governor is acting like a stick in the mud. His conservatism means Britain will be ...

Bailey (pictured) made clear that he did not share Reeves' recent claim that the enforcement of red tape acted as a 'boot on ...

The Bank of England's governor has cautioned Chancellor Rachel Reeves against dramatically loosening City regulations, ...

The governor of the Bank of England has distanced himself from Chancellor Rachel Reeves’ deregulation agenda, suggesting the move could cause a repeat of the 2008 financial crisis. Andrew Bailey told ...

Andrew Bailey also stressed that the UK cannot “compromise” on financial stability amid the Treasury’s plans to rip up red tape across the sector. Ring-fencing was brought in after the 2008 financial ...

Bank of England governor Andrew Bailey has warned the government that dismantling the UK’s banking ring-fencing regime “would not be sensible”, amid the UK government's push to "regulate for growth".

Senior Tory steps back in shadow cabinet reshuffle but Jenrick could miss out - Shadow justice secretary Robert Jenrick is ...

Bank of England Governor Andrew Bailey said on Tuesday the International Monetary Fund had a key role to play in tackling the buildup of risky imbalances in the world economy, many of them coming ...

The U.S., China and other leading economies should work together to agree on a set of national policies that will help narrow the large imbalances that now threaten the global trade system, Bank ...