Richard Tice, Reform UK’s deputy leader, plans to meet with the Governor of the Bank of England later this month after criticizing the digital money printing program. Reform claims it could save taxpayers £35bn annually by stopping interest payments to commercial lenders, a proposal rejected by Andrew Bailey. Bailey defended the Bank’s asset purchase program, stating that interest payments on reserves are crucial for preventing financial crises and influencing inflation. Tice called for greater scrutiny of the Bank, pledging to review its operations if elected.

Read more at Yahoo Finance: Reform to meet with Andrew Bailey after attack on Bank policy