London Daily

Focus on the big picture.
Saturday, Feb 22, 2025
LondOn!
Bank of England's Bailey opposes Treasury plan to overrule financial regulators

Bank of England's Bailey opposes Treasury plan to overrule financial regulators

Andrew Bailey, the governor of the Bank of England, opposes plans drawn up by Britain's Treasury to overrule financial regulators, Sky News reported on Saturday.
Bailey has expressed disquiet about a so-called 'call-in power' which will be included in the Financial Services and Markets Bill, which is due to be introduced this year, the report said.
Add Comment
Newsletter
Related Articles

Government Expands NHS Dental Services Amid Access Crisis

Extra urgent dental appointments announced for London as officials address backlog and access issues.

Former UK Defense Chief Calls for Enhanced European Support for Ukraine

Sir Nick Carter emphasizes the need for security guarantees amid shifting U.S. foreign policy.

Police Oversight in Nottingham Murder Cases Linked to Inadequate Assault Investigation

Report reveals failures by Leicestershire Police to probe assaults by Valdo Calocane, enabling a subsequent murder spree.

Exceptional Financial Support Granted to English Councils Amid Growing Fiscal Pressures

A record 30 local authorities in England receive financial assistance to avoid bankruptcy as they face serious budget deficits.

UK Government Provides Financial Support to Struggling Councils

Thirty councils facing financial hardship to receive additional funding amid local government finance reforms.

Residents of Flintshire Mobile Home Park Grapple with Maintenance Issues and Uncertain Future

Residents of Willow Park in Flintshire express frustration over deteriorating conditions as local authorities and Wyldecrest Parks fail to provide adequate support.

Ronan Keating Criticizes Irish Justice System Following Fatal Crash Involving His Brother

Irish singer highlights perceived inadequacies in legal responses after a landmark case concludes with a suspended sentence.

Israeli Family Mourns Loss of Peace Advocate Oded Lifschitz as Body Returned from Gaza

Oded Lifschitz, an 84-year-old peace campaigner, was killed after being taken hostage during Hamas's October attacks; his family grapples with grief amid ongoing violence.

Gordon Ramsay's Lucky Cat Restaurant Faces Unprecedented Theft

477 maneki-neko figurines reportedly stolen from the newly opened London restaurant within a week.

Charges Dropped Against Liam Payne's Friend Following Singer's Death

Court reverses manslaughter charges against Rogelio Nores and two hotel staff involved in the case.

Former Iranian Prisoner Urges Detained British Couple to Resist False Confessions

Anoosheh Ashoori, a released prisoner, shares his advice for Craig and Lindsay Foreman, who were arrested in Iran on espionage charges during their motorcycle journey.

Funeral Held for Stabbing Victim Harvey Willgoose in Sheffield

The service recognizes the tragic loss of a 15-year-old boy who died after a school stabbing incident.
Playlist Hide
0:00
0:00
Open
0:00
0:00
Close
Good News: Senate Confirms Kash Patel as FBI Director
Officials from the U.S. and Hungary Engage in Talks on Economic Collaboration and Sanctions Strategy
James Bond Franchise Transitions to Amazon MGM Studios
Technology Giants Ramp Up Lobbying Initiatives Against Strict EU Regulations
Alibaba Exceeds Quarterly Projections Fueled by Growth in Cloud and AI
Tequila Sector Faces Surplus Crisis as Agave Prices Dive Sharply
Residents of Flintshire Mobile Home Park Grapple with Maintenance Issues and Uncertain Future
Ronan Keating Criticizes Irish Justice System Following Fatal Crash Involving His Brother
Gordon Ramsay's Lucky Cat Restaurant Faces Unprecedented Theft
Israeli Family Mourns Loss of Peace Advocate Oded Lifschitz as Body Returned from Gaza
Former UK Defense Chief Calls for Enhanced European Support for Ukraine
Pope Francis Admitted to Hospital in Rome Amid Rising Succession Speculation
Senate Republican Leader Mitch McConnell, at the age of 83, Declares His Retirement.
Whistleblower Reveals Whitehall’s Focus on Kabul Animal Airlift Amid Crisis
Politicians Who Deliberately Lie Could Face Removal from Office in Wales
Scottish Labour Faces Challenges Ahead of 2026 Holyrood Elections
Leftwing Activists Less Likely to Work with Political Rivals, Study Finds
Boris Johnson to Host 'An Evening with Boris Johnson' at Edinburgh's Usher Hall
Planned Change in British Citizenship Rules Faces First Legal Challenge
Northumberland Postal Worker Sentenced for Sexual Assaults During Deliveries
British Journalist Missing in Brazil for 11 Days
Tesco Fixes Website Glitch That Disrupted Online Grocery Orders
Amnesty International Critiques UK's Predictive Policing Practices
Burglar Jailed After Falling into Home-Made Trap in Blyth
Sellafield Nuclear Site Exits Special Measures for Physical Security Amid Ongoing Cybersecurity Concerns
Avian Influenza Impact on Seals in Norfolk: Four Deaths Confirmed
First Arrest Under Scotland's Abortion Clinic Buffer Zone Law Amidst International Controversy
Meghan Markle Rebrands Lifestyle Venture as 'As Ever' Ahead of Netflix Series Launch
Inter-Island Ferry Services Between Guernsey and Jersey Set to Expand
Significant Proportion of Cancer Patients in England and Wales Not Receiving Recommended Treatments
Final Consultation Launched for Vyrnwy Frankton Power Line Project
Drug Misuse Deaths in Scotland Rise by 12% in 2023
Failed £100 Million Cocaine Smuggling Operation in the Scottish Highlands
Central Cee Equals MOBO Awards Record; Bashy and Ayra Starr Among Top Honorees
EastEnders: Four Decades of Challenging Social Norms
Jonathan Bailey Channels 'Succession' in Bold Richard II Performance
Northern Ireland's First Astronaut Engages in Rigorous Spacewalk Training
Former Postman Sentenced for Series of Sexual Offences in Northumberland
Record Surge in Anti-Muslim Hate Crimes Across the UK in 2024
Omagh Bombing Inquiry Concludes Commemorative Hearings with Survivor Testimonies
UK Government Introduces 'Ronan's Law' to Combat Online Knife Sales to Minors
Metal Detectorists Unearth 15th-Century Coin Hoard in Scottish Borders
Woman Charged in 1978 Death of Five-Year-Old Girl in South London
Expanding Sinkhole in Godstone, Surrey, Forces Evacuations and Road Closures
Bangor University Announces Plans to Cut 200 Jobs Amid £15 Million Savings Target
British Journalist Charlotte Peet Reported Missing in Brazil
UK Inflation Rises to 3% in January Amid Higher Food Prices and School Fees
Starmer Defends Zelensky Amidst Trump's 'Dictator' Allegation
Zelensky Calls on World Leaders to Back Peace Efforts in Light of Strains with Trump
UK Prime minister, Mr. Keir Starmer, has stated that any peace agreement aimed at ending the conflict in Ukraine "MUST" include a US security guarantee to deter Russian aggression
×