Andrew Bailey: “This prosecution was politically motivated and is replete with legal errors.”

The issue is not simply that investors are borrowing more, but that leverage is interacting with high valuations and market concentration, in particular the increasing cross-investment between artificial intelligence (AI) companies and…

I am not a politician.

Inflation has fallen faster than expected but the conflict in the Middle East continues to mean high and volatile energy prices. That will cause inflation to rise again this year.

I’m comfortable to wait and see. Three of my colleagues thought it was already time to act.