Why the Bank of England needs to stop over-sharing

'We are used to the comments of central bankers moving markets'

clock • 4 min read

Laith Khalaf shares his thoughts on a recent performance of the 'Bailey-Pill double act'...

Imagine the CEO of a publicly listed FTSE 100 company decided to give an interview to a national newspaper, in which he announced for the first time his company may have to be a bit more aggressive on cost-cutting to achieve its targets. Not a particularly bright idea to disseminate this information outside the comfortable guardrails of the LSE's Regulatory News Service, you might think. But imagine further, that the chief financial officer of this company gave a speech at an accountancy industry event the following day, saying how important it is to fend off the risk of cutting costs...

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