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...Stuart served as a minister under four premiers and was appointed to the net zero brief in September 2022 during the shortlived premiership of Liz Truss....
...Truss, in a new book, reveals the extent to which her relations with Bailey broke down during her shortlived premiership, when Britain faced a market meltdown in the wake of her “mini” Budget....
..., albeit a slower one....
...The author is a former portfolio manager. Email: stuart.kirk@ft.com; Twitter: @stuartkirk__...
...“I am looking for more sustained progress on those three things,” Bailey said in a hearing before the Treasury select committee. “We have seen, I think, encouraging signs on them.”...
...UK government bonds led a global rally on Tuesday as Bank of England governor Andrew Bailey told a parliamentary committee that the UK didn’t need inflation to come back to its 2 per cent target before it...
...The more benign outlook is a marked contrast to the tumultuous conditions that have accompanied Bailey for the bulk of his time as governor: a four-year period that has in his words involved some “heavy-duty...
...Andrew Bailey said the BoE’s latest forecasts pointed to a “somewhat stronger growth story” ahead, although he also cautioned that trends in productivity and investment meant there was still a “very constrained...
...Email: stuart.kirk@ft.com; Twitter: @stuartkirk__ This article has been republished to correct a figure in Stuart Kirk’s asset table...
...As I salvage a melted compass, I can’t blame them. stuart.kirk@ft.com...
...UK government bonds led a global rally following Bailey’s comments....
...Andrew Bailey said during a visit in Washington that the UK remained “pretty much on track” compared with the BoE’s February inflation forecast, adding that he expected a further sharp drop to price growth...
...Email: stuart.kirk@ft.com; Twitter: @stuartkirk__...
...Andrew Bailey, the BoE’s governor, told a parliamentary committee on Wednesday that the central bank had already reduced resources on climate-related work as a result and was reviewing it further....
...Marks and Spencer co-chief executive Katie Bickerstaffe is stepping down after less than two years in the role, leaving Stuart Machin as the sole boss of the UK retailer....
...stuart.kirk@ft.com Letters in response to this column: Governance is there to make capitalism palatable / From Claire Bodanis, Founder and Director, Falcon Windsor, London NW3, UK Novo Nordisk is controlled...
...Andrew Bailey told MPs that investors were putting “too much weight” on current data releases that show a fall in headline inflation....
...This is both a recognition of the singular destructive impact of the second world war and a strategy that suggests knowledge operates through the fabric of the city itself....
...At a press conference with Bernanke, Andrew Bailey outlined the reservations of some MPC members about publishing an interest rate forecast....
...There’s a lot to think about there. On the first point, MainFT reports Bailey said the changes coming will include “entail increased investment in the bank’s IT systems”....
...Stuart Miller Arlington, VA, US...
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