Andrew Bailey and Prime Minister Sir Keir Starmer (Image: GETTY)

       Andrew Bailey’s public endorsement of Sir Keir Starmer’s efforts to align the UK more closely with the EU represents a “disgraceful political intervention” on the part of the Bank of England governor, a UK-based financial expert has claimed. Bob Lyddon was commenting on remarks made by Mr Bailey in Dublin on Thursday, when he welcomed the Government's efforts to forge closer ties with Brussels while stressing the importance of officials working to "minimise" the effects of Brexit on trade.

       Mr Lyddon, founder of Lyddon Consulting Services and a prominent advocate of Britain’s decision to quit the bloc, was deeply unimpressed. He told Express.co.uk: "This is a disgraceful political intervention by a state official who is meant to be independent. He disingenuously denies this: he falls back on independence when it suits, and breaches it as it suits.

       Article continues below ADVERTISEMENT

       Fly New York to Paris in Luxury with La CompagnieFor business travel this summer, La Compagnie offers an all-business-class experience from New York to Paris. Enjoy comfort, efficiency, and top-tier service, making your journey as productive as it is luxurious.La Compagnie | Sponsored Sponsored

       Book Now

       Undo

       DON'T MISS

       Powered by

       The 24 European countries that still don't use the Euro as one more joins - full list

       8 Comments

       Donald Trump spares UK from new 50% steel and aluminium tariffs

       43 Comments

       Tories attempt to banish the ghost of Liz Truss-era turmoil

       45 Comments

       Keir Starmer's U-turns explained - from Winter Fuel Payments to WASPI women

       9 Comments

       Labour betray British workers as India trade deal means it's ￡11k cheaper to hire migrants

       76 Comments

       Labour under pressure to launch 'buy British' campaign

       51 Comments

       Spain launches yet another tax raid on British tourists

       6 Comments

       'Don't betray them!' Rachel Reeves told she must come clean on winter fuel payment

       265 Comments

       Huge change begins for every Brit arriving at European holiday airport

       2 Comments

       Rachel Reeves 'is toast' fumes GB News star after 'nightmare' for Chancellor

       Comments

       Nigel Farage unveils major policy in bid to boost Brexit Britain

       810 Comments

       Reform council looks to scrap English classes for migrants in waste crackdown

       159 Comments

       Fury in Wales over new ￡6.6bn train line between two famous cities in England

       7 Comments

       HMRC plots 'tax raid on pensions' to pay for winter fuel payments

       15 Comments

       Mature Dating Starts TodayGirls with love | Sponsored Sponsored

       Read More

       Undo

       Bank of England chief welcomes Labour efforts to minimise Brexit's 'negative effects'

       135 Comments

       Starmer 'misleading' UK as steel jobs under threat from Donald Trump tariffs despite deal

       6 Comments

       Tired of Empty Promises? Discover the "Beauty Serum" That Actually Works!Best of Beauty | Sponsored Sponsored

       Try Now

       Undo

       UK migration bombshell as Indian MP makes telling remark about Keir Starmer deal

       200 Comments

       Nigel Farage demands total Labour U-turn to reverse winter fuel cut in full

       20 Comments

       Transform Your Space with Local Home BuilderHome Builder | Sponsored Sponsored

       Learn More

       Undo

       POLL: Should Rachel Reeves resign over winter fuel car crash? Vote now

       42 Comments

       Moment Kemi Badenoch leaves Keir Starmer stuttering with savage attack: 'Chaos!'

       88 Comments

       Dating for Senior Singles in NevadaMature Dating | Sponsored Sponsored

       Undo

       The 24 European countries that still don't use the Euro as one more joins - full list

       8 Comments

       Donald Trump spares UK from new 50% steel and aluminium tariffs

       43 Comments

       Chuck Norris Begs Seniors: Avoid These 3 Foods Like The PlagueRoundhouse Provisions | Sponsored Sponsored

       Undo

       Tories attempt to banish the ghost of Liz Truss-era turmoil

       45 Comments

       Keir Starmer's U-turns explained - from Winter Fuel Payments to WASPI women

       9 Comments

       Modular Whole Home Backup Power, Tailor Made For Every HomeEcoflow | Sponsored Sponsored

       Learn More

       Undo

       Labour betray British workers as India trade deal means it's ￡11k cheaper to hire migrants

       76 Comments

       Labour under pressure to launch 'buy British' campaign

       51 Comments

       What Is Taltz Used for? - GoodRxGoodRx | Sponsored Sponsored

       Read More

       Undo

       Spain launches yet another tax raid on British tourists

       6 Comments

       'Don't betray them!' Rachel Reeves told she must come clean on winter fuel payment

       265 Comments

       Nevada: Gov May Cover Your Cost To Install Solar If You Live In These Zip CodesEnergy Bill Cruncher | Sponsored Sponsored

       Learn More

       Undo

       Huge change begins for every Brit arriving at European holiday airport

       2 Comments

       Rachel Reeves 'is toast' fumes GB News star after 'nightmare' for Chancellor

       Comments

       Heads Turn as Walgreens Shoppers Discover 87￠ ED Pillsfridayplans | Sponsored Sponsored

       Learn More

       Undo

       Nigel Farage unveils major policy in bid to boost Brexit Britain

       810 Comments

       Reform council looks to scrap English classes for migrants in waste crackdown

       159 Comments

       Easy Trick To Protect Your Home From Bed Bug (Few Know This)swissklip | Sponsored Sponsored

       Undo

       Fury in Wales over new ￡6.6bn train line between two famous cities in England

       7 Comments

       HMRC plots 'tax raid on pensions' to pay for winter fuel payments

       15 Comments

       Bank of England chief welcomes Labour efforts to minimise Brexit's 'negative effects'

       135 Comments

       Starmer 'misleading' UK as steel jobs under threat from Donald Trump tariffs despite deal

       6 Comments

       UK migration bombshell as Indian MP makes telling remark about Keir Starmer deal

       200 Comments

       Nigel Farage demands total Labour U-turn to reverse winter fuel cut in full

       20 Comments

       POLL: Should Rachel Reeves resign over winter fuel car crash? Vote now

       42 Comments

       Moment Kemi Badenoch leaves Keir Starmer stuttering with savage attack: 'Chaos!'

       88 Comments

       The 24 European countries that still don't use the Euro as one more joins - full list

       8 Comments

       Donald Trump spares UK from new 50% steel and aluminium tariffs

       43 Comments

       Tories attempt to banish the ghost of Liz Truss-era turmoil

       45 Comments

       Keir Starmer's U-turns explained - from Winter Fuel Payments to WASPI women

       9 Comments

       Labour betray British workers as India trade deal means it's ￡11k cheaper to hire migrants

       76 Comments

       Labour under pressure to launch 'buy British' campaign

       51 Comments

       Spain launches yet another tax raid on British tourists

       6 Comments

       READ MORE: Bank of England chief welcomes Labour efforts to minimise Brexit's 'negatives'

       Andrew Bailey was speaking in Dublin on Thursday (Image: Getty)

       "But then he enjoys protection from the other members of his Establishment club. He is not an expert in international trade. He simply regurgitates the tropes of the Remain/Rejoin side, such as the phrase 'the damage caused by Brexit', without feeling he needs to prove that it is true.”

       Mr Bailey appeared to have taken his cues from the 2024 Labour Party manifesto, Mr Lyddon suggested.

       In doing so he was "emphasising the EU as a sort of safe haven between Putin and Trump, and characterising Sir Keir's approach as a "a first step towards properly resetting the UK's relationship with the EU, which means rejoining it".

       Sponsored

       Graddi | Sponsored Sponsored

       Read More

       The Handmade Painted Book Mug Is Taking Nevada By Storm

       Undo

       Mr Lyddon continued: "Bailey is one of the Establishment cabal now repeating the same message, whether it be individuals like Alasdair Campbell, Rory Stewart, and Ed Davey, or organisations like the CBI and UK Finance.

       Andrew Bailey gives his annual Mansion House speech

       0 seconds of 15 minutes, 1 second Volume 90%

       Press shift question mark to access a list of keyboard shortcuts Keyboard Shortcuts EnabledDisabled

       Shortcuts Open/Close / or ?

       Play/Pause SPACE

       Increase Volume ↑

       Decrease Volume ↓

       Seek Forward →

       Seek Backward ←

       Captions On/Off c

       Fullscreen/Exit Fullscreen f

       Mute/Unmute m

       Decrease Caption Size -

       Increase Caption Size + or =

       Seek % 0-9

       Next Up

       Meghan Markle and Prince Harry reminisce on pregnancy experience

       01:20

       x facebook Email Link https://cdn.jwplayer.com/previews/Zeq66AiG Copied

       Live

       00:00

       15:01

       15:01

       More Videos

       01:20

       Meghan Markle and Prince Harry reminisce on pregnancy experience

       00:34

       Andrew Bailey appointed governor of the Bank of England

       05:25

       Bank of England: Andrew Bailey announced as new governor

       00:36

       Andrew Bailey is the 'worst Bank of England boss' says Malone

       01:20

       Andrew Bailey gives evidence to Treasury Committee

       01:20

       Andrew Bailey 'asked banks to step up no deal plans' says expert

       Close

       "The message is that the UK would be better off nestling inside the 'rules-based international order' (meaning rules set by the EU in line with the diktats of the United Nations, World Economic Forum, International Monetary Fund, Bank for International Settlements et al). These are rules set by Bailey and his peer group, of course including Mark Carney.

       "It is a pure power-play by the global Liberal-Left Establishment - our new aristocracy - against the voter and the ballot box."

       The UK was currently being subjected to a "counter-revolution" which the Establishment was hoping to completed before the 2029 General Election, Mr Lyddon claimed.

       During his speech, Mr Bailey said in relation to Brexit "that we should do all we can to minimise negative effects on trade".

       SUBSCRIBE Invalid email

       We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. Read our Privacy Policy

       Don't miss...

       Brits rage at 'inhuman' queues as officials call emergency meeting [INSIGHT]

       Nigel Farage unveils major policy in bid to boost Brexit Britain [ANALYSIS]

       Taking pets to Europe could soon be made easier with reversal to Brexit rules [PICTURES]

       With reference to the Windsor Framework, which he described as a "welcome step forward", Mr Bailey added: "So too are the initiatives of the current UK Government to rebuild trade between the UK and EU."

       He added: “This brings me to Brexit. I have to start with an important disclaimer. As a public servant, I take no position on Brexit per se – it was a decision of the British people, and has been put into effect.

       "That said, our evolving trading and regulatory relationship with the EU requires many judgements on the most effective way to do so – what delivers the most effective outcome.”

       The Windsor Framework, agreed between the UK and the EU in 2023, amended the Northern Ireland Protocol and governs post-Brexit trading arrangements in the region.

       Last week, the Government announced a deal with the European bloc which gives UK tourists in Europe easier access to passport e-gates, and frees up trade with the continent for farmers and food producers because of alignment on veterinary and plant standards.

       It was also said that the UK and EU will work more closely together on defence and security, and will agree a "youth experience scheme" allowing young British people to travel and work on the continent.

       Prime Minister Keir Starmer and European Commission President Ursula von der Leyen (Image: Getty)

       Trending

       Sir Keir Starmer said at the time the deal was announced that it is "time to look forward, to move on from the stale old debates and political fights".

       In an interview with the BBC earlier this month - before the deal was struck with the EU - Mr Bailey said that it would be "beneficial" to reverse the post-Brexit reduction in UK-EU trade.

       DON'T MISS

       Powered by

       The 24 European countries that still don't use the Euro as one more joins - full list

       8 Comments

       Donald Trump spares UK from new 50% steel and aluminium tariffs

       43 Comments

       Tories attempt to banish the ghost of Liz Truss-era turmoil

       45 Comments

       Keir Starmer's U-turns explained - from Winter Fuel Payments to WASPI women

       9 Comments

       Labour betray British workers as India trade deal means it's ￡11k cheaper to hire migrants

       76 Comments

       Labour under pressure to launch 'buy British' campaign

       51 Comments

       Spain launches yet another tax raid on British tourists

       6 Comments

       'Don't betray them!' Rachel Reeves told she must come clean on winter fuel payment

       265 Comments

       Huge change begins for every Brit arriving at European holiday airport

       2 Comments

       Rachel Reeves 'is toast' fumes GB News star after 'nightmare' for Chancellor

       Comments

       Nigel Farage unveils major policy in bid to boost Brexit Britain

       810 Comments

       Reform council looks to scrap English classes for migrants in waste crackdown

       159 Comments

       Fury in Wales over new ￡6.6bn train line between two famous cities in England

       7 Comments

       HMRC plots 'tax raid on pensions' to pay for winter fuel payments

       15 Comments

       3 Stocks That Could Rise 20-fold By 2029Oxford Club | Sponsored Sponsored

       Undo

       Bank of England chief welcomes Labour efforts to minimise Brexit's 'negative effects'

       135 Comments

       Starmer 'misleading' UK as steel jobs under threat from Donald Trump tariffs despite deal

       6 Comments

       Mascara Older Women Can’t Stop Talking AboutPrime Prometics | Sponsored Sponsored

       Learn More

       Undo

       UK migration bombshell as Indian MP makes telling remark about Keir Starmer deal

       200 Comments

       Nigel Farage demands total Labour U-turn to reverse winter fuel cut in full

       20 Comments

       The Secret Revealed: Why All Hummingbirds Go to My Neighbor's GardenSherem | Sponsored Sponsored

       Learn More

       Undo

       POLL: Should Rachel Reeves resign over winter fuel car crash? Vote now

       42 Comments

       Moment Kemi Badenoch leaves Keir Starmer stuttering with savage attack: 'Chaos!'

       88 Comments

       Top US Doctors Stunned By New German Hearing Aid That Costs Less Than Dinner OutTop Trending News Today | Sponsored Sponsored

       Learn More

       Undo

       The 24 European countries that still don't use the Euro as one more joins - full list

       8 Comments

       Donald Trump spares UK from new 50% steel and aluminium tariffs

       43 Comments

       Dating for Senior SinglesMeetheage | Sponsored Sponsored

       Read More

       Undo

       Tories attempt to banish the ghost of Liz Truss-era turmoil

       45 Comments

       Keir Starmer's U-turns explained - from Winter Fuel Payments to WASPI women

       9 Comments

       Milana, 38, Shows Her Huge Size In New Photos.Paperela | Sponsored Sponsored

       Undo

       Labour betray British workers as India trade deal means it's ￡11k cheaper to hire migrants

       76 Comments

       Labour under pressure to launch 'buy British' campaign

       51 Comments

       Shaq’s former Ohio mansion with 400-gallon fish tank gets offerHomes.com | Sponsored Sponsored

       Undo

       Spain launches yet another tax raid on British tourists

       6 Comments

       'Don't betray them!' Rachel Reeves told she must come clean on winter fuel payment

       265 Comments

       Americans are replacing AC units with this $89 air cooler (It’s Genius)Portable Air Conditioner | Sponsored Sponsored

       Read More

       Undo

       Huge change begins for every Brit arriving at European holiday airport

       2 Comments

       Rachel Reeves 'is toast' fumes GB News star after 'nightmare' for Chancellor

       Comments

       Mouth Wrinkles Are No Match For This Little-Known Drugstore Wrinkle CreamLift & Firm | Sponsored Sponsored

       Undo

       Nigel Farage unveils major policy in bid to boost Brexit Britain

       810 Comments

       Reform council looks to scrap English classes for migrants in waste crackdown

       159 Comments

       [Warning]Your Antivirus Protection May Be Expired - Renew nowMcAfee.com | Sponsored Sponsored

       Click Here

       Undo

       Fury in Wales over new ￡6.6bn train line between two famous cities in England

       7 Comments

       HMRC plots 'tax raid on pensions' to pay for winter fuel payments

       15 Comments

       Bank of England chief welcomes Labour efforts to minimise Brexit's 'negative effects'

       135 Comments

       Starmer 'misleading' UK as steel jobs under threat from Donald Trump tariffs despite deal

       6 Comments

       UK migration bombshell as Indian MP makes telling remark about Keir Starmer deal

       200 Comments

       Nigel Farage demands total Labour U-turn to reverse winter fuel cut in full

       20 Comments

       POLL: Should Rachel Reeves resign over winter fuel car crash? Vote now

       42 Comments

       Moment Kemi Badenoch leaves Keir Starmer stuttering with savage attack: 'Chaos!'

       88 Comments

       The 24 European countries that still don't use the Euro as one more joins - full list

       8 Comments

       Donald Trump spares UK from new 50% steel and aluminium tariffs

       43 Comments

       Tories attempt to banish the ghost of Liz Truss-era turmoil

       45 Comments

       Keir Starmer's U-turns explained - from Winter Fuel Payments to WASPI women

       9 Comments

       Labour betray British workers as India trade deal means it's ￡11k cheaper to hire migrants

       76 Comments

       Labour under pressure to launch 'buy British' campaign

       51 Comments

       Spain launches yet another tax raid on British tourists

       6 Comments

       ChompChamp: The Last Dog Toy You'll Ever Need to Buy!Petlori

       Undo

       by Taboola by Taboola

       Sponsored Links Sponsored Links

       Promoted Links Promoted Links

       Keep Your Lashes Strong: 6 Tips to Avoid Lash LossPrime Prometics

       Undo

       by Taboola by Taboola

       Sponsored Links Sponsored Links

       Promoted Links Promoted Links

       Experts Tested 17 Hearing Aids. Their #1 Pick Will Shock Youhear.com

       Undo

       by Taboola by Taboola

       Sponsored Links Sponsored Links

       Promoted Links Promoted Links

       Type 2? Nutritionists recommend this tea dailyHigh glucose try this

       Undo

       by Taboola by Taboola

       Sponsored Links Sponsored Links

       Promoted Links Promoted Links

       He said: "It is important we do everything we can to ensure that whatever decisions are taken on the Brexit front do not damage the long-term trade position.

       "So I hope that we can use this to start to rebuild that relationship."

       Express.co.uk has contacted Mr Bailey via the Bank of England for comment about Mr Lyddon's remarks.