andrewbailey
Nigel Farage’s “lies about Brexit” are to blame for the UK’s inflation and it’s “disingenuous” to blame the Bank of England governor, Andrew Bailey, says the CEO of the world’s largest independent financial advisory, asset management and fintech organization. The damning indictment from Nigel Green of deVere Group comes as the former leader of the UK Independence Party (UKIP) and leader of the Brexit Party-turned-broadcaster hits out at the governor over interest rate hikes, saying “the economic incompetence with which this country is now being led beggars belief.” The Bank of England on Thurs...
ValueWalk
The UK is working on a digital pound. The Treasury and the Bank of England are keen to debut the currency - which is being dubbed as a safe way to spend money in the digital age - before the close of this decade. The Chancellor of the Exchequer Jeremy Hunt labelled the central-digital currency as a possible “trusted and accessible” method of payment but would not be available until after 2025. He added to BBC News: "We want to investigate what is possible first, whilst always making sure we protect financial stability.” The formal consultation for the currency is believed to begin on Tuesday (...
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