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...

To continue reading this article...

Join Professional Adviser for free

  • 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

What two pizzas tell us about Bitcoin

What two pizzas tell us about Bitcoin

Laszlo Hanyecz really needed a slice...

Laith Khalaf
clock 19 December 2024 • 6 min read
Trump, tariffs and why UK companies can still appeal

Trump, tariffs and why UK companies can still appeal

Is a trade war inevitable?

Sheldon MacDonald
clock 11 December 2024 • 4 min read
Why the lead-up to the Budget may have been worse than the Budget itself

Why the lead-up to the Budget may have been worse than the Budget itself

What Rachel Reeves and Dr Evil have in common

Laith Khalaf
clock 13 November 2024 • 4 min read