Bailey Chosen as New BOE Governor: U.K. Government Briefing

The Prime Minister recommended Andrew Bailey as the new governor of the Bank of England, a decision approved by the Queen. Bailey was chosen for his international expertise in monetary, economic, and regulatory policy. His extensive experience in central banking makes him the ideal candidate to lead the bank post-EU and drive national progress.

Why is Andrew Bailey considered the standout candidate?

What challenges does the Bank of England face as it forges a new future outside the EU?