Bank of England to probe possible leak of QE decision to Sun newspaper

London

BANK of England (BOE) Governor Andrew Bailey said he would look into how The Sun newspaper was able to report that the central bank would expand its asset purchase programme by £150 billion (S$265 billion), hours before it was officially announced.

Leaks of BOE policy decisions are almost unheard of, but a series of government decisions on Covid-19 measures, including economic support, have been reported in British newspapers ahead of their official announcement.