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UK finance minister Hunt tells Bailey he reaffirms BoE independence

Published Updated
Photo: AFP
Photo: AFP
By

LONDON: British finance minister Jeremy Hunt met Bank of England Governor Andrew Bailey on Tuesday and reaffirmed his commitment to the central bank’s independence and its inflation target, the Treasury said on Wednesday.

New UK PM retains finance, foreign and defence chiefs

“Both agreed to work closely to restore confidence and stability in the UK economy,” the finance ministry said in a statement.

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