Andrew Bailey has joined Chancellor Rachel Reeves and senior financial figures including the Chair of HSBC on a trip to China.
Bank of England Governor Andrew Bailey called for the world's financial powers, led by the United States and China, to avoid economic nationalism in a speech released three days before Donald Trump is due to be sworn in as U.
China and Britain have restarted economic and financial talks after a six-year hiatus during a visit by Britain’s Treasury chief to Beijing
People's Bank of China Governor Pan Gongsheng met his Bank of England counterpart, Andrew Bailey, on Saturday in Beijing and discussed topics including financial stability and cooperation, China's central bank said on Sunday.
Britain's Treasury chief is travelling to China this weekend in a bid to boost economic and financial cooperation between the countries, as the U.K.'s Labour government seeks to reset strained ties with Beijing.
RACHEL Reeves has vowed to “make the UK better off” on her visit to China amid fury over a major debt crisis and a plummeting economy at home. The under-siege Chancellor met Chinese
Andrew Bailey, Governor of the Bank of England, will join Rachel Reeves on her trip to China (Benjamin Cremel/PA) PA Wire Ms Reeves will be joined by Bank of England governor Andrew Bailey, chief executive of the Financial Conduct Authority Nikhil Rathi ...
"in a bid to revive closer ties with the nation [China] and boost Britain's economy." Politico.eu described Reeves' trip as a "low-profile" one, with a small group of business executives in tow, led by HSBC Chair Mark Tucker. Bank of England boss Andrew ...
The chancellor has been criticised for making the trip while the government is under pressure from rising borrowing costs.
Rachel Reeves flew to China on Thursday night in a bid to revive closer ties with the nation and boost Britain’s economy amid turmoil in UK bond markets.
Sir John Gieve, former Deputy Governor at the Bank of England, said the Chancellor may have to hike taxes or impose some ‘very severe reductions and squeezes’ on public services
China and Britain have restarted economic and financial talks after a six-year hiatus during a visit by Britain’s Treasury chief to Beijing