UK limbers up for 率 削減(する)... and not before time, says ALEX BRUMMER

Andrew Bailey has had little to celebrate of late. He has 苦しむd the slings and arrows of the barbed Bernanke 報告(する)/憶測 on Bank of England 予測(する)ing and 無差別の 解雇する/砲火/射撃 from former 総理大臣 Liz Truss.

まっただ中に the 熱狂的興奮状態 surrounding the Bank of England 知事, his eyebrows can still work their 魔法.

At last week’s 財政/金融 開会/開廷/会期s in Washington, Bailey was (疑いを)晴らす that it is possible for the UK to plough its own furrow when it comes to setting 利益/興味 率s.

Britain’s cost of living 圧力s have been created by 供給(する)-味方する factors, 顕著に energy costs 地位,任命する Russia’s war on ウクライナ共和国. In contrast, in the US, a buoyant economy slowed 進歩 in taming インフレーション.?

This should mean that Britain could move ahead of America’s 連邦の Reserve in cutting 率s.

Turning point? Bank of England governor Andrew Bailey was clear that it is possible for the UK to plough its own furrow when it comes to interest rates

Turning point? Bank of England 知事 Andrew Bailey was (疑いを)晴らす that it is possible for the UK to plough its own furr ow when it comes to 利益/興味 率s

Markets have ingested the message and 利益/興味 率 削減 prospects have leapt ahead in 最新の 貿易(する)ing.

Markets are signalling a first 削減(する) British 率s from 5.25 per cent by a 4半期/4分の1 of a 百分率 point at its August 会合 and two 削減(する)s in base 率 by year end.?

The two-year gilt 産する/生じる also has dropped. Both home owners and 商売/仕事s have something to look 今後 too.

公正,普通株主権s have been 支えるd by ? so far ? no escalation of イスラエル-Iran 暴力/激しさ, although conflagration in Gaza continues.

Bailey’s next 戦う/戦い will be at the 通貨の 政策 委員会. As 知事, it is up to him to 始める,決める the トン at 会合s of the 利益/興味 率 setting 委員会.

He probably could 説得する Bank insiders but the 外部の 強硬派s, 含むing Jonathan Haskel from 皇室の College London , might 現在の a tougher 障害.?

Not before time, there is 承認 that it is time to take the foot off the 通貨の ブレーキs.

High 公式文書,認めるs

Who would have thought it: a bidding war for Merck Mercuriadis’s song 基金 Hipgnosis.?

As the group struggled for 生き残り earlier this year, it looked as if some 肉親,親類d of run-off was the most likely 結果.

Hipgnosis is の中で my 大臣の地位 of ‘hobby’ 株, which has gone disastrously wrong. Hotel Chocolat was saved from humiliation by an opportunist 引き継ぎ/買収 by the 隠しだてする 火星 family. The Brighton Pier Company, bought for 100p, now 貿易(する)s at under half that.

Mercuriadis, a former roadie, had a 広大な/多数の/重要な story to tell when he 設立するd Hipgnosis. His long 記録,記録的な/記録する in the world of popular music gave him 接近 to the big players, and their songbooks 申し込む/申し出d a new 資産 class.?

My 利益/興味 in songbooks has been 高くする,増すd by my son Justin, an academic, 創立者 of the website VietnamWarSongs, which 目録s and collects 抗議する music.

Hipgnosis was in the 最前部 of 調印 up artists such as Shakira, Jay-Z and Justin Bieber.?

As the space became more (人が)群がるd, and the 巨大(な)s of the 産業 recognised there was value in 王族s, the price of new 調印s 殺到するd. Mercuriadis 設立する himself 支払う/賃金ing ever higher prices for songbooks and the 経済的なs fell apart.?

He also 直面するd 衝突 of 利益/興味 (人命などを)奪う,主張するs over his 関係 with 私的な 公正,普通株主権 Blackstone as Hipgnosis Song 管理/経営 行為/法令/行動する ed as 助言者 to the group with an 選択 to 購入(する) the entire songbook of the 初めの 基金.

The arrival of Blackstone, competing with Concord Chorus, must be good for 株主s. The chances of the bidding war 供給するing a profitable 出口 大勝する from a 基金 once valued at 150p a 株 is ありそうもない.?

にもかかわらず, the Blackstone 申し込む/申し出 of 価値(がある) $1.24 (just over 100p) a 株 cash 供給するs a decent 出口 大勝する. It would be terrific if Concord (機の)カム 支援する with a 反対する or one of 産業 巨大(な)s saw an 適切な時期.

An honourable escape 大勝する is the best that this hobby-owner can hope for.

地位,任命する haste

The 成果/努力 by 王室の Mail’s owner to turn 支援する an unwanted 企て,努力,提案 from Czech 億万長者 Daniel Kretinsky by requesting a 迅速な 返答 from regulator Ofcom to 提案するd 配達/演説/出産 改革(する)s could be a 二塁打 辛勝する/優位d sword.?

If 提案s for a 賞与金 and pricey 急速な/放蕩な 配達/演説/出産 service and slow second class get the go ahead then parent International 配達/演説/出産 Services could become an even more attractive 企て,努力,提案 的.

The 政府 needs it be known: mail not for sale.