Bank of England boss Andrew Bailey warns that lifting the lockdown too soon would cause WORSE damage

The governor of the Bank of England today issues a stark warning that Britain should be cautious about lifting the coronavirus lockdown too early. In his first interview since taking the top job, Andrew Bailey told the Daily Mail that a premature end to the restrictions could cause a severe loss of confidence and inflict … Read more

Bank of England boss Andrew Bailey warns that lifting the lockdown too soon would cause WORSE damage

The governor of the Bank of England today issues a stark warning that Britain should be cautious about lifting the coronavirus lockdown too early. In his first interview since taking the top job, Andrew Bailey told the Daily Mail that a premature end to the restrictions could cause a severe loss of confidence and inflict … Read more

Auction set for faulty Bank of England notes expected to sell for £6,000 as some miss Queen’s face 

Can YOU spot what’s wrong with these bank notes? Collection of £5, £10, and £20 notes printed by the Bank of England that didn’t quite make the grade are tipped to sell for £6,000 at auction A collector’s haul of faulty notes will go on sale at Dix Noonan Webb of London Two of the … Read more

Auction set for faulty Bank of England notes expected to sell for £6,000 as some miss Queen’s face 

Can YOU spot what’s wrong with these bank notes? Collection of £5, £10, and £20 notes printed by the Bank of England that didn’t quite make the grade are tipped to sell for £6,000 at auction A collector’s haul of faulty notes will go on sale at Dix Noonan Webb of London Two of the … Read more

Coronavirus crisis could push unemployment levels in UK and US beyond 1930s Great Depression

Unemployment caused by the coronavirus crisis could in months be worse than during the 1930s Great Depression, a former Bank of England official has warned.   David Blanchflower, who was part of the Bank during the 2008 financial crisis, said unemployment is rising at the fastest rate in living memory as job losses mount around the … Read more