The Caledonian Ranger

Friday Briefing

What do Investment Week features editor Eve Maddock-Jones and governor of the Bank of England Andrew Bailey have in common? They’re both quite busy at the moment.

It's not a joke, so don't complain. They've just got a lot on. Governor Bailey has been out and about this week, kicking off with a warning the central bank is probably not done with raising rates thanks to ever-sticky inflation, the risks of which are "skewed significantly to the upside", according to the bank chief. Let ABBA ring out One day later, he was in front of the Treasury Select Committee alongside some colleagues, reasserting the headlines across the banking sector from the US to Switzerland were not related to the pivot from QE to QT. Instead, he argued the "importan...