Bank of England Governor Andrew Bailey listens during the Monetary Policy Report press conference at the Bank of England (BoE) in London on April 30, 2026. (Photo by Kirsty Wigglesworth / POOL / AFP via Getty Images)

Fishermen work aboard their boat off the coast of Mumbai on April 30, 2026. (Photo by Punit PARANJPE / AFP via Getty Images)

Bank of England Governor Andrew Bailey gestures as he speaks during the Monetary Policy Report press conference at the Bank of England (BoE) in London on April 30, 2026. (Photo by Kirsty Wigglesworth / POOL / AFP via Getty Images)

Bank of England Governor Andrew Bailey gestures as he speaks during the Monetary Policy Report press conference at the Bank of England (BoE) in London on April 30, 2026. (Photo by Kirsty Wigglesworth / POOL / AFP via Getty Images)

Bank of England Governor Andrew Bailey smiles during the Monetary Policy Report press conference at the Bank of England (BoE) in London on April 30, 2026. (Photo by Kirsty Wigglesworth / POOL / AFP via Getty Images)

Bank of England Governor Andrew Bailey gestures as he speaks during the Monetary Policy Report press conference at the Bank of England (BoE) in London on April 30, 2026. (Photo by Kirsty Wigglesworth / POOL / AFP via Getty Images)

Bank of England Governor Andrew Bailey gestures as he speaks during the Monetary Policy Report press conference at the Bank of England (BoE) in London on April 30, 2026. (Photo by Kirsty Wigglesworth / POOL / AFP via Getty Images)

Bank of England Governor Andrew Bailey gestures as he speaks during the Monetary Policy Report press conference at the Bank of England (BoE) in London on April 30, 2026. (Photo by Kirsty Wigglesworth / POOL / AFP via Getty Images)