Bank of England Governor Andrew Bailey launched a fresh bid to smooth the flow of traditional money across national borders after officials acknowledged it’s “unlikely” countries will meet goals set for 2027.
Bank of England Governor Andrew Bailey launched a fresh bid to smooth the flow of traditional money across national borders after officials acknowledged it’s “unlikely” countries will meet goals set for 2027.
Andrew Bailey, governor of the Bank of England (BOE), during a monetary policy report news conference at the central bank's headquarters in the City of London, UK, on Thursday, Feb. 5, 2026. The Bank of England came within a vote of cutting interest rates as policymakers split 5-4 in favour of holding at 3.75%, after its updated forecasts showed inflation falling below target, growth slowing and unemployment rising. Photographer: Chris Ratcliffe/Bloomberg
Bank of England Governor Andrew Bailey launched a fresh bid to smooth the flow of traditional money across national borders after officials acknowledged it’s “unlikely” countries will meet goals set for 2027.
Bank of England Governor Andrew Bailey launched a fresh bid to smooth the flow of traditional money across national borders after officials acknowledged it’s “unlikely” countries will meet goals set for 2027.
Andrew Bailey, governor of the Bank of England (BOE), during a monetary policy report news conference at the central bank's headquarters in the City of London, UK, on Thursday, Feb. 5, 2026. The Bank of England came within a vote of cutting interest rates as policymakers split 5-4 in favour of holding at 3.75%, after its updated forecasts showed inflation falling below target, growth slowing and unemployment rising. Photographer: Chris Ratcliffe/Bloomberg
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