Bank of England chief’s evidence to MPs questioned by former senior judge

Row over report into LC&F collapse escalates as ex-high court judge disagrees with Andrew Bailey’s evidence

A former high court judge has publicly questioned the evidence the governor of the Bank of England has given to MPs over the London Capital & Finance (LC&F) collapse, as a row about a report into the scandal escalated.

Dame Elizabeth Gloster, who headed an inquiry into LC&F, said she “must disagree” with some of the evidence that Andrew Bailey presented on Monday, and that she also rejects his suggestion there had been a “fundamental misunderstanding”.

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