Andrew Bailey blocks Rachel Reeves’s meeting with Revolut amid concerns over political interference
Bank of England governor Andrew Bailey has blocked Chancellor Rachel Reeves from holding a proposed meeting with financial technology giant Revolut, in a move that underscores growing tensions between the Treasury and Britain’s financial regulators. The meeting, which would have brought together Revolut, the Treasury, and the Prudential Regulation Authority (PRA)—the Bank of England division … Read more