Nigel Farage has urged the Bank of England to welcome cryptocurrency and change its approach to quantitative easing during his first formal meeting with its governor.The Reform UK leader, who has previously described Bank governor Andrew Bailey as "hopeless", suggested the meeting had been a positive one.Mr Farage's deputy Richard Tice, who also attended the meeting, described it as a "significant moment" and said Mr Bailey was "keen to engage".

Nigel Farage has urged the Bank of England to welcome cryptocurrency and change its approach to quantitative easing during his first formal meeting with its governor.The Reform UK leader, who has previously described Bank governor Andrew Bailey as "hopeless", suggested the meeting had been a positive one.Mr Farage's deputy Richard Tice, who also attended the meeting, described it as a "significant moment" and said Mr Bailey was "keen to engage".