(Fixes typo in dollar conversion in paragraph 2)
LONDON, Nov 23 (Reuters) – Bank of England Governor Andrew Bailey said on Monday that he suspected the central bank’s most recent policy decision on Nov. 5 was leaked to the Sun, and that the newspaper’s report was not simply speculation presented as fact.
Hours before the BoE unexpectedly expanded its bond purchase programme by 150 billion pounds ($200 billion), the Sun reported the BoE would take this action, in an article that also revealed some of finance minister Rishi Sunak’s spending plans.
“What we have to assume is that it was a leak and we therefore have to try to get to the bottom of it,” Bailey told parliament’s Treasury Committee at a regular hearing, adding that an investigation was underway.
Bailey had previously been less clear about whether he viewed the report as being based on an unauthorised leak, or