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Watch live as Bank of England governor speaks to MPs about Financial Stability Report

01:57:42

Kate Gill

Watch live as Bank of England governor speaks to MPs about Financial Stability Report

Watch live as the Bank of England's [BoE] Governor Andrew Bailey and other top BoE officials are speak to lawmakers about the half-yearly Financial Stability Report, released in December.

It comes after inflation in Britain rose faster than expected to a near 30-year high in December, intensifying a squeeze on living standards and putting pressure on the Bank of England to raise interest rates again next month.

Sterling held close to a 23-month high against the euro and edged up against the dollar after the higher-than-expected British inflation data.

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