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Bank of England governor says he is ‘able to spot’ lobbying after Farage crypto meeting

The Guardian Politics Wednesday 08 July 2026, 14:08 UTC By Tom Burgis 1 min read
Key Points

Exclusive: Andrew Bailey says no policy changes were made as a result of pressure from crypto tycoon-backed Reform leaderUK politics live – latest updatesThe governor of the Bank of England has broken his silence about the pressure Nigel Farage put on him to drop a cryptocurrency policy that could be costly for Reform UK’s billionaire backer, saying he is “able to spot” and resist lobbying. Andrew Bailey’s comments, in a letter seen by the Guardian, come as Farage’s decision not to disclose...

Exclusive: Andrew Bailey says no policy changes were made as a result of pressure from crypto tycoon-backed Reform leader

The governor of the Bank of England has broken his silence about the pressure Nigel Farage put on him to drop a cryptocurrency policy that could be costly for Reform UK’s billionaire backer, saying he is “able to spot” and resist lobbying.

Andrew Bailey’s comments, in a letter seen by the Guardian, come as Farage’s decision not to disclose a £5m gift from the Thailand-based crypto tycoon Christopher Harborne has triggered the biggest crisis of his political career.

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Bank of England (ORG) Farage (ORG) Andrew Bailey (PERSON) the Bank of England (ORG) Nigel Farage (PERSON) Andrew Bailey’s (PERSON) Guardian (ORG) Thailand (LOCATION) Christopher Harborne (PERSON)
Originally published by The Guardian Politics Read original →

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