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Bailey: The future of the multilateral economic system, and some news on the UK payments infrastructure

From bankofengland.co.uk

Lord Mayor, thank you for inviting us back for a second time in your mayoralty. I am going to use my time to tackle two subjects. I’m probably breaking a rule of good speech making because the connection between the two is slender – I’m not going to overdo the connection. They are both topical and highly relevant, that’s my justification. The first is big picture – the world economic situation and the need to refocus and restore multilateral institutions. The second concerns payments here in the UK. To say that the state of the global economy and the impact of tariff announcements is in the news and significant is an ... (full story)

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  • Category: Low Impact Breaking News