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Bank of England governor would have put off Farage meeting had £5m gift been under investigation

Europe 1 source 1 country 🔦 Under-reported 38m ago

# Bank of England Governor Comments on Farage Meeting Timing

Andrew Bailey, governor of the Bank of England, has stated he would have delayed a meeting with Nigel Farage, leader of Reform UK, had a £5 million gift to Farage from a cryptocurrency billionaire been under investigation at the time. The meeting took place in autumn and focused on cryptocurrency regulation.

Bailey said he does not regret holding the meeting with Farage despite the subsequent questions raised about the donation. The comments represent Bailey's explanation of the circumstances surrounding the encounter, indicating that the timing of investigations into the gift would have influenced his decision to meet with the Reform UK leader.

The disclosure comes as scrutiny continues around the donation to Farage from the crypto sector and the interactions between senior financial regulators and political figures on matters related to cryptocurrency policy.

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Read the full story at the source The Guardian World · GB