The winner of the conservative party leadership race is not yet decided--and yet there is already a loser: The Bank of England. The central bank has caught a lot of heat from the contest to become Britain's next prime minister. Tensions are brewing over political influence in central banking and financial regulation. This week, David Merritt unpacks those tensions with Bloomberg senior reporter Phil Aldrick and Bloomberg Television's Lizzy Burden. They discuss the history of the bank's independence, the threat it's currently facing, and whether the man at the helm of the bank, Andrew Bailey, is savvy enough to tackle the challenges.

 Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

The winner of the conservative party leadership race is not yet decided--and yet there is already a loser: The Bank of England. The central bank has caught a lot of heat from the contest to become Britain's next prime minister. Tensions are brewing over political influence in central banking and financial regulation. This week, David Merritt unpacks those tensions with Bloomberg senior reporter Phil Aldrick and Bloomberg Television's Lizzy Burden. They discuss the history of the bank's independence, the threat it's currently facing, and whether the man at the helm of the bank, Andrew Bailey, is savvy enough to tackle the challenges. Learn more about your ad-choices at <a href="https://www.iheartpodcastnetwork.com">https://www.iheartpodcastnetwork.com</a>

Get ahead of the trends and conversations that are shaping the City of London. Join Bloomberg's Francine Lacqua, Allegra Stratton and Dave Merritt every Thursday as they uncover the best stories and speak to the people in the know. 

Get ahead of the trends and conversations that are shaping the City of London. Join Bloomberg's Francine Lacqua, Allegra Stratton and Dave Merritt every Thursday as they uncover the best stories and speak to the people in the know.

Every week, Francine Lacqua and David Merritt go behind the scenes in the City of London, uncovering stories and speaking to the people that matter.

In the City

Get ahead of the trends and conversations that are shaping the City of London. Join Bloomberg's Francine Lacqua, Allegra Stratton and David Merritt every Thursday as they uncover the best stories and speak to the people in the know. 

Get ahead of the trends and conversations that are shaping the City of London. Join Bloomberg's Francine Lacqua, Allegra Stratton and David Merritt every Thursday as they uncover the best stories and speak to the people in the know.

In The City

Tories Start a Bank Brawl

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/a2e666a4-28c0-40ba-91ca-aef2010f0f64/transcript

Advertisement