The Bank of England’s governor, Andrew Bailey, says he is not complacent about tackling inflation in the UK. Speaking in response to the latest inflation picture, Bailey says he is not “happy” that Consumer Prices Index (CPI) inflation remains above the Bank of England’s 2% target. The remarks reflect the Bank’s continued focus on bringing inflation back toward its goal. The sources report that Bailey reiterates the need for progress on inflation rather than assuming the problem is resolved. While the Bank’s approach has been shaped by shifting economic conditions, his comments emphasize that the current level of CPI inflation is still a concern for policymakers. Overall, the reporting agrees that the governor highlights the gap between the prevailing inflation rate and the Bank’s target, and frames his position as one that does not assume the issue is adequately addressed.