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Jeremy Hunt wants to solve Britain’s productivity crisis. But then who doesn’t?

BBC News By Andy Verity image copyrightGetty Images The governor of the Bank of England has come under new criticism for failing to declare a potential conflict of interest in a scandal that saw thousands of bank customers mistreated. The Royal Bank of Scotland (RBS) was accused of benefitting as it left some of its customers in financial ruin. Now, it is reported that Andrew Bailey did not reveal his role in the scandal. That is despite being asked about it when he was appointed to his previou...

Bailey faces questions over agency linked to RBS scandal By Justin Cash 15 th March 2021 8:14 am Bank of England governor Andrew Bailey is being asked questions over whether a government agency he helped devise could have been linked to RBS’ improper practices against small business clients. Between 2009 and 2013, RBS has been accused of widespread mistreatment of customers in its Global Restructuring Group, putting its own interest ahead of its clients by forcing ...

The governor of the Bank of England has been criticised for allegedly failing to declare a potential conflict of interest in a scandal that saw…

Bank of England governor Andrew Bailey is facing questions over a scheme for businesses (Yui Mok/PA) Sign up for our daily newsletter featuring the top stories from The Press and Journal. Thank you for signing up to The Press and Journal newsletter. Something went wrong - please try again later. Sign Up Bank of England governor Andrew Bailey is facing questions over his role designing a scheme allegedly linked to a Royal Bank of Scotland unit that mistreated small businesses. The chair o...

Andrew Bailey under pressure over link to RBS scandal Andrew Bailey has been Governor of the Bank of England for a year. He was formerly the head of the Financial Conduct Authority. (Getty Images) Bank of England Governor Andrew Bailey is under fire after it emerged that he played a role in designing a scheme that left thousands of small businesses in ruin after the financial crisis. Bailey was one of those who helped the Treasury design its Asset Protection Agency, which press...