Farage Threatens Bank of England Independence with Crypto-Funded Reform Government

The Bank of England's independence is under threat due to a potential Reform UK government led by Nigel Farage, according to former MPC member Willem Buiter.

Buiter expressed 'little or no confidence' in a governor appointed by Reform UK, citing the risk of large-scale donations from cryptocurrency billionaire Christopher Harborne corrupting the appointment process.

Hazards are growing that a victorious Reform government could appoint a new governor and make sweeping changes to the Bank's policymaking ranks, limiting its independence.