Harriet Baldwin News

18.04 / 15:27
Boeing track reports NOT Treasury Committee 'disappointed' BoE and government have not fully accepted its QT advice
The committee undertook a far-reaching report around the central bank's QT plans after so many years of fiscal easing, which it published on 7 February. In it, the committee said it had «raised concerns» that the Bank may be unwinding its quantitative easing policy «without being able to fully consider the broader economic consequences». The committee, led by chair Harriet Baldwin, said it had «concerns that the Bank is taking a 'leap in the dark' by embarking upon a major monetary operation without specifically and separately tracking its effects». Bank of England commits to econo...
11.01 / 11:47
economics Bank of England UK Treasury Select Committee financial stability Financial BoE's Breeden: 'No evidence' quantitative tightening poses risk to financial stability
Governor Andrew Bailey showed optimism around the economy, restating the need for inflation to get back to the bank's 2% target to maintain financial stability.
12.12 / 15:19
regulation FCA Odey AM Treasury Select Committee FCA closes investigation into Odey Asset Management
FCA CEO Rathi said that, should any evidence against Odey AM appear, the FCA «reserves the right to reopen' the investigation; whereas the investigation into Odey himself 'remains live'.
28.03 / 10:37
Why the UK government shelved Royal Mint NFT plans
Plans for a non-fungible token [NFT] venture, which was supposed to be backed by the government of the United Kingdom, have been dropped by the country’s Treasury. The venture was pitched by Prime Minister Rishi Sunak in April 2022, when he served as the Chancellor of the Exchequer. 
28.03 / 02:41
NFT Crypto Collectibles UK government UK treasury UK Treasury drops plans for Royal Mint NFT
The United Kingdom has shelved plans to launch a government-backed “NFT for Britain,” which was initially proposed by crypto-friendly Prime Minister Rishi Sunak.

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