Bank of England chief says no rift with UK government as Revolut licence delay draws scrutiny
Revolut cards is seen in this illustration photo taken in Krakow, Poland on March 29, 2024. LONDON — Bank of England Governor Andrew Bailey told CNBC there hasn't been a "falling out" with the U.K. government over delays to fintech giant Revolut's long-awaited bank license. Last week, the Financial Times reported that a meeting arranged by British Finance Minister Rachel Reeves with Revolut and the Prudential Regulation Authority (PRA) — an arm of the BOE that oversees banks — was cancelled af