Bank of England Governor Andrew Bailey (L) attends the Bank of England Monetary Policy Report press conference, alongside head of media and stakeholder engagement at the Bank of England, Katie Martin (R), at the Bank Of England in London on November 5, 2026. The Bank of England on November 5 raised its forecasts for UK economic growth in 2026 and 2027, despite surging inflation. (Photo by Alishia Abodunde / POOL / AFP via Getty Images)