Farage says he might replace Bailey as Bank governor

Nigel Farage has suggested he would replace the governor of the Bank of England, Andrew Bailey, if he were to become prime minister.

- Joanna Partridge

"He's had a good run, we might find someone new," Farage said in an interview with Bloomberg's The Mishal Husain show.

"He's a nice enough bloke," the Reform leader added.

However, Farage is unlikely to have a say in Bailey's leadership, given the governor's single eight-year term is due to end in March 2028 and the prime minister, Keir Starmer, is only required to hold a general election some time before 15 August 2029.

Farage has been calling for politicians to have greater influence on the central bank, which was made independent in 1997 by the then chancellor, Gordon Brown.