Bank of England governor Andrew Bailey has issued a new Donald Trump update as the US President continues to seek control of Greenland. Mr Bailey told MPs at the Parliament Treasury Committee that the central bank has "to be very alert" to potential impact caused by President Trump. Mr Bailey said financial markets have been "more muted" in response. Speaking today, Mr Bailey said: "The level of geopolitical uncertainty and geopolitical issues is a big consideration because they can have financial stability consequences. The second point is about financial markets and is a fairly similar point, that we worry considerably about how markets react to those things.

Source: Daily Mirror January 20, 2026 13:41 UTC