Andrew Bailey on newest Bank of England curiosity determination

Watch dwell as MPs on the Treasury Committee take proof from Bank of England governor Andrew Bailey on the Bank’s determination to chop its rate of interest and its have to vote twice after the primary poll did not present an outright majority.

It comes as the price of authorities borrowing rose additional this morning, setting a recent 27-year excessive.

Rachel Reeves has additionally confirmed that the price range will happen on 26 November, saying in a video on-line: "Britain’s economy isn’t broken. But I know it’s not working well enough for working people."

Read extra on the Sky News web site: https://news.sky.com/story/politics-latest-starmer-labour-badenoch-small-boats-farage-reform-12593360

#BankOfEngland #AndrewBailey #UKEconomy

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