Why Nigel Farage confronted Bank of England Governor Andrew Bailey

Reform UK’s Nigel Farage and Richard Tice challenged Bank of England Governor Andrew Bailey on Treasury losses from quantitative tightening (QT) at a showdown meeting on Thursday morning, with market instability partly caused by the programme and stablecoins regulation raised as subjects of discussion. Farage and Tice sat down with the Bank of England Governor to discuss the Bank’s recent decisions, with a meeting last week keeping interest rates at four per cent and slowing down QT in light of febrile markets. City AM politics and economics reporter Mauricio Alencar has the full story 👇 https://www.cityam.com/farage-to-confront-dinosaur-bailey-on-banks-independence/