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Never was the financial panic afflicting the UK more clearly marked than on Andrew Bailey, Governor of the Bank of England’s term chart. He accompanied Rachel Reeves on her bizarre trip to China which accomplished meagre returns.
Taking up office on 16 March 2020, his administration chart has a triple whammy of undesirables at the moment – Solar Arc Mars conjunct Pluto for trapped, scary, stuck; SA Pluto conjunct Saturn for equally blocked and deprived, mountainous obstacles; and SA Saturn square Uranus for tensions and outbursts.
Born 30 March 1959, he has an Aries Sun Mercury in the line of fire of the Solar Eclipses covering late 2024 and most of 2025 for rolling crises; plus a devastating/meltdown SA Pluto conjunct his Neptune this year as well. He will get a lucky break when tr Uranus opposes his Jupiter after mid 2025 and into 2026 squares his Pluto – which may mean a change of chancellor or change of direction for him personally.
His relationship chart with Chancellor Rachel Reeves was destined to come together in a time of high crisis with a yod of Pluto sextile Neptune inconjunct Mars – and that is being rattled on two legs by the eclipses on the Pluto, tr Uranus opposing the Neptune; plus tr Saturn Neptune opposing the Jupiter Uranus composite conjunction from mid 2025 into 2026.
The Bank of England, 27 July 1694 JC, similarly is being assailed by an undermining, loss-making tr Neptune Saturn opposition the zero degree Mars in Libra from April 2025 into 2026 at which point Neptune Saturn square the financial Venus. 2025 also has an uncertain tr Neptune square the Saturn February to early March 2025. Confidence will return into 2026 and towards 2027 and beyond.
Evidently the next major test comes on March 26 this year, when the Office for Budget Responsibility, the official economic watchdog, publishes its Spring Forecast. An emergency Budget cannot be ruled out and she may have to cut her spending plans. ‘Her decision to increase borrowing by £30 billion a year is looking increasingly reckless.’
March 26 is when tr Uranus is back at 24 Taurus squaring RR’s Sun for a major jolt. When tr Uranus moves into Gemini in July 2025 she’s into major catastrophe zone. And that repeats into 2026. Her relationship with Starmer is under stress at the moment with tr Uranus opposing the composite Saturn exactly now to mid March and tr Neptune opposing the Pluto throughout 2025. But the critical time is probably from July onwards with tr Uranus opposing the Neptune, Sun and into 2026 the Venus.
Previous sterling crises have occurred with some repeating astro-themes. Black Wednesday 16 September 1992 had tr Pluto conjunct the SA Mars conjunct the financial 2nd house Neptune; and SA Saturn conjunct Pluto; SA Uranus square the UK Sun.
The 1976 sterling crisis is similar to this one given it happened with the Solar Arc Neptune exactly conjunct the 8th house Mars; tr Pluto was square the UK Sun, SA Saturn was conjunct the financial Venus in the speculative 5th house; and tr Uranus was conjunct the SA Mars.
This time round once the Solar Arc Uranus crosses over the 8th house Mars in 4 months and will be out of the same degree in six months after which the situation may start to ease.
Although tr Uranus will square the UK Pluto in 2026 for an upheaval and reset and tr Neptune Saturn will oppose the UK Uranus from mid 2025 into 2026 for additional worries, it was also expected/hoped that the UK would settle once tr Uranus moved out of the 8th house which is around 2026/27. The unsettled phase from 2021 as tr Uranus rattled up the UK’s four Fixed planets will be over. And tr Pluto is heading to exit the 4th house which has made the years since 2013 challenging and troublesome at an internal domestic level.