Energy prices and labour supply threaten financial stability, Andrew Bailey warns

Treasury Committee meeting addresses inflation

clock • 2 min read
Andrew Bailey questioned before Treasury Committee
Image:

Andrew Bailey questioned before Treasury Committee

Inflation in the UK remains a temporary phenomenon, according to Bank of England govenor Andrew Bailey, although the ongoing energy bills crisis poses a genuine concern to consumers.

In a Treasury Committee meeting held on Wednesday (19 January), Bank of England officials were questioned about the impact of inflation and interest rates on the nation's financial stability. The meeting...

To continue reading this article...

Join Professional Adviser

 

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets