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Low growth and successive shocks erode public finances, says Bank boss Andrew Bailey

2 articles from 2 sources
First reported on Thursday 8 October 2026 at 10:15 EDT by The Independent·Latest article on Thursday 8 October 2026 at 10:15 EDT

Summary

Low growth and successive shocks erode the public finances, Bank boss Andrew Bailey said. His remarks come weeks before the Chancellor lays out his autumn Budget statement.

Latest: Bank boss Andrew Bailey said low growth and successive shocks erode the public finances, weeks before the Chancellor lays out his autumn Budget statement.

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How it unfolded

  1. Thursday 8 October

    Bank boss Andrew Bailey said low growth and successive shocks erode the public finances, weeks before the Chancellor lays out his autumn Budget statement.