Category: Economics

Andrew Bailey appointed Bank of England governor

Andrew Bailey has been named as the new governor of the Bank of England. He will take over from departing governor Mark Carney on 16th March 2020.

Andrew Bailey is currently chief executive of the Financial Conduct Authority (FCA).

Farrell …

The Bank of England has kept UK interest rates at 0.75%. Interest rates have been at this level since August 2018.

The Bank of England’s Monetary Policy Committee (MPC), who set interest rates, voted 7 – 2 to leave interest …

The Consumer Prices Index (CPI) measure of inflation fell to 1.5% in October 2019, according to the Office for National Statistics.

The broader Retail Prices Index (RPI) fell to 2.1% in the same period.

Farrell Financial …

The Consumer Prices Index (CPI) measure of inflation rose to 2.7% in August 2018, according to the Office for National Statistics.

The broader Retail Prices Index (RPI) rose to 3.5% in the same period.

Farrell Financial …

The Consumer Prices Index (CPI) measure of inflation rose to 2.5% in July 2018, according to the Office for National Statistics.

The broader Retail Prices Index (RPI) fell to 3.2% in the same period.

Farrell Financial …

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