First reported by bsky
Nigel Farage faces mounting pressure as Reform UK members question his leadership
Bank of England governor says he resisted lobbying from Farage over crypto policy
Bank of England Governor Andrew Bailey has responded to pressure from Reform UK leader Nigel Farage over cryptocurrency policy, stating he is capable of recognizing and resisting lobbying attempts. The controversy stems from Farage's failure to disclose a £5m gift from crypto tycoon Christopher Harborne, a billionaire backer of Reform UK, which has triggered a parliamentary standards investigation and led Farage to announce his resignation as an MP. Bailey's letter confirms no policy changes were made as a result of the pressure.
Key quotes
I am able to spot and resist lobbying.
No policy changes were made as a result of pressure from the crypto tycoon-backed Reform leader.
The Reform UK leader said he would resign as an MP amid a parliamentary standards investigation into the payment.
From the article
Exclusive: Andrew Bailey says no policy changes were made as a result of pressure from crypto tycoon-backed Reform leader UK politics live – latest updates
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