Lib Dems back Bank of England after Farage criticism

The Liberal Democrats have pledged their support for the Bank of England’s independence amid criticism from Reform leader Nigel Farage. The party's leader, Sir Ed Davey, reaffirmed backing for the Bank's autonomy following a meeting with Governor Andrew Bailey. Farage had called for an end to the BoE's bond-selling program, known as quantitative tightening, sparking a debate over the central bank's policies and independence. This move highlights the ongoing tension between political figures and the Bank of England regarding economic policies.