Andrew Bailey denies Farage swayed Bank of England CBDC stance
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The Bank of England's governor, Andrew Bailey, has denied that Nigel Farage influenced the bank's stance on a central bank digital currency (CBDC). Bailey's denial suggests that there were concerns or allegations about Farage's potential lobbying impact on the bank's CBDC policy. The Bank of England's position on a digital pound is at the center of the controversy, with Bailey rejecting claims of external influence.