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Farage steps up calls for Bank of England to halt bond sales
- Nigel Farage and Richard Tice held a meeting at Threadneedle Street with Andrew Bailey, who leads the Bank of England, where they covered topics including quantitative easing, the institution’s reserve policies, and the role of cryptocurrency.
- The meeting followed growing criticism of the Bank's ongoing quantitative tightening and cautious approach to cryptocurrency regulation.
- Farage described the UK's current cryptocurrency stance as madness and urged returning financial regulation to the Bank, while Tice called for parliamentary debate.
- The Bank has started selling billions of pounds in bonds amid an 18 billion pound annual cost to taxpayers, with Farage criticizing the Bank as adopting an overly cautious approach.
- The meeting could influence policy on the Bank’s monetary experiment, potentially affecting the UK's economic recovery and investment climate.
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Farage steps up calls for Bank of England to halt bond sales
Reform UK leader presses governor Andrew Bailey over quantitative easing at meeting at Threadneedle Street Business live – latest updates Reform leader Nigel Farage has stepped up calls for the Bank of England to halt bond sales and cut the interest it pays to UK banks, after a meeting with its…
Evening Standard+2 Reposted by 2 other sources
Farage presses Bank governor on cryptocurrency and quantitative easing
The meeting with Andrew Bailey was described as a positive engagement.
·London, United Kingdom
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Total News Sources14
Leaning Left4Leaning Right0Center4Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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