>>22341896
repost
BANKSTER ANDREW BAILEY USES THE PATSY RACHEL REEVES AS MEETING WITH CHINA, IN REALITY
Note: This was a slight of hand, the corporation aka the city of london and the central bankster are trying to get china on side ahead of trump coming into power
look here California - don't look here Reserve currency plan
Would they go this big of a distraction?
9/11 was one.
Covid was another after the stolen election.
>>22339890, >>22340105 bailey the governer of the bank of england bankster in china.
Bank of England boss jets off as UK economy hits crisis and pound plunges
Andrew Bailey has joined Chancellor Rachel Reeves and senior financial figures including the Chair of HSBC on a trip to China.
By Jon King, News Reporter
08:57, Fri, Jan 10, 2025 | UPDATED: 09:12, Fri, Jan 10, 2025
https://www.express.co.uk/news/politics/1998548/bank-of-england-andrew-bailey-china-trip
The Governor of the Bank of England has joined Chancellor Rachel Reeves on a trip to China amid trouble in UK financial markets.
Andrew Bailey and Ms Reeves jetted off to forge stronger economic ties with the world's second-largest economy on Thursday despite Britain's borrowing costs hitting their highest level since the 2008 financial crisis.
Sterling fell on Thursday to its lowest level in more than a year, falling almost 1% to just under 1.23 US dollars, its lowest level since November 2023. Sterling trimmed its losses in afternoon trading, ending 0.58% lower at the close of trading in London.
The FTSE 250 stock index also slid to its weakest level for nine months before staging a recovery later in the session.
Some experts are warning the Chancellor could be forced into piling more tax misery on Brits or making cuts to spending plans to meet UK fiscal rules due to a potential rise in the Government's debt interest bill.
The Institute for Fiscal Studies has said the Government's "razor-thin margin" on meeting its rules could be easily eroded if interest rates stay higher.
Yields on government bonds - which reflect the cost of government borrowing - continued to rise on Thursday, up eight basis points to 4.89% for 10-year gilts, which is the highest since 2008.
The rise in the amount paid to service government debts is a worrying sign of how investors see fiscal sustainability in the UK.
Ministers have said there is no need for emergency intervention in a bid to ease concerns about Britain's shaky financial markets.
Treasury minister Darren Jones said that the markets were functioning in an "orderly way", stressing that the Government's fiscal rules are "non-negotiable".
end