Andrew Bailey

One vote to hike rates

Bank of England says it will not 'rush' judgements about interest rate changes

BoE MPC votes five to four to cut rates in final meeting of 2025

Barnett Waddingham submits valuation under DB funding code, state pensions connects to dashboards, and LCP launches Visualise+

Andrew Bailey has said he does not support mandation, with the industry suggesting this will be ‘unwelcome’ at the DWP

Move will bring UK in line with international markets and come into force from 2027

Bank's MPC voted in favour of reducing current interest rate by 25bps in decision expected by markets

Interest rates held at 5.25% for sixth time in a row

Reuters poll of economists finds majority do not expect rates to rise next week

Change in policy will ensure that regulators retain their independence from government