Water confined in nanoscale channels has dramatically different electrical properties from bulk water, researchers at the University of Manchester have demonstrated. The differences, which include up to 100,000-fold greater conductivity…
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Security forces kill 8 Khwarij in Tank IBO: ISPR – RADIO PAKISTAN
- Security forces kill 8 Khwarij in Tank IBO: ISPR RADIO PAKISTAN
- At least 8 terrorists killed during IBO in KP’s Tank: ISPR Dawn
- Eight terrorist killed as security forces conduct IBO in Lakki Marwat The Express Tribune
- Abbasi pays tribute to…
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Not to be: Hamlet rages in Stockholm against the political closure of a cultural institution | Stage
Something is rotten in Swedish theatre. In front of Elverket – a former power station that for much of the last 30 years has been at the centre of Stockholm’s experimental dramatic output – posters proclaim that theatre is dead. Inside the…
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Risk Stratification, Testing, and Treatment in Recurrent Clostridioides difficile
A new JAMA Insights review synthesizes evidence on
recurrent Clostridioides difficile infection (rCDI) , explaining how gut microbiome disruption enables toxin-mediated disease and drives relapse risk. The authors describe progression from…Continue Reading
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Nigel Farage seeks influence over Bank of England in same vein as Trump and US Federal Reserve | Bank of England
Nigel Farage has suggested he would replace the governor of the Bank of England, Andrew Bailey, if he were to become prime minister.
“He’s had a good run, we might find someone new,” Farage said in an interview with Bloomberg’s The Mishal Husain show.
“He’s a nice enough bloke,” the Reform leader added.
However, Farage is unlikely to have a say in Bailey’s leadership, given the governor’s single eight-year term is due to end in March 2028 and the prime minister, Keir Starmer, is only required to hold a general election sometime before 15 August 2029.
Farage has been calling for politicians to have greater influence on the central bank, which was made independent in 1997 by the then chancellor, Gordon Brown.
His comments on Bailey’s position are the latest sign that Farage could seek to follow in the footsteps of his friend Donald Trump’s relationship with the US Federal Reserve.
Trump has sought to increase his administration’s influence over the US central bank, which like the Bank of England makes its interest rate decisions independently. The US president has demanded interest rate cuts and launched stinging attacks on the Fed’s chair, Jerome Powell – calling him a “moron” on social media – and threatening to remove him.
Farage’s latest comments come just weeks after he and Reform UK MP Richard Tice held a meeting with Bailey at the Bank’s Threadneedle Street headquarters.
Farage had been calling for the central bank to halt bond sales and cut the interest rate it pays to UK banks, after an exchange of letters, in which the governor agreed to a meeting.
Tice, Reform’s deputy leader, has previously said the Treasury should be allowed to appoint “one or two” government representatives to sit on the Bank’s rate-setting monetary policy committee (MPC).
The Reform UK leader, who previously worked as a commodities trader, has worked more recently as a brand ambassador for a gold company, and has discussed his goal of making London a global “powerhouse” for cryptocurrencies.
Farage, who has previously called Bailey a “dinosaur” for his views on digital currencies, said he was encouraged by the governor’s change of heart about stablecoins, a type of cryptocurrency that is supposed to have a stable value, such as US$1 (£0.75) per token.
“The Bank of England, the British government, the regulator – whatever shape that takes – they’ve all got to understand the world is changing, has changed, very, very rapidly,” Farage said.
After Bailey’s meeting with Farage and Tice, a Bank of England spokesperson said the governor had “a productive meeting” with them.
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Tiny Uranian Moon Likely Had a Massive Subsurface Ocean
Uranus’s tiny moon Ariel may have had a subsurface ocean that made up around 55% of its total volume. By mapping craters, crags, and ridges on the moon’s surface, planetary scientists modeled how thick Ariel’s crust was before it…
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PPP–PML-N Alliance Is a ‘Compulsion, Not Love,’ Says Punjab Governor
Punjab Governor Sardar Saleem Haider Khan has described the alliance between the Pakistan People’s Party (PPP) and the Pakistan Muslim League-Nawaz (PML-N) as a political necessity rather than an act of affection, warning that…
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Oil heads for weekly gain on supply fears due to US sanctions on Russian companies
LONDON, Oct 24 (Reuters) – Oil…Continue Reading
