Bank of England: New AI models threaten global financial stability
Andrew Bailey, governor of the Bank of England (BOE), during a Bloomberg Television interview at the Reykjavik Economic…
Cost of living crunch hurts UK PM Starmer in local elections
Britons are awaiting the final results of local elections across the U.K., with polls pointing to a backlash…
Interest rate cuts not on the horizon, Bank of England governor says
Reopening the Strait of Hormuz is “the best thing to do” to prevent interest rates rising, Bank of…
Britain’s Trump-inspired U-turn on crypto – POLITICO
That’s in stark contrast to the U.S., which passed its own stablecoin regulation — the GENIUS act —…
Risk of AI bubble if markets over price returns
LONDON (Reuters) -Bank of England Governor Andrew Bailey said on Thursday there could be an artificial intelligence-induced bubble…
Rachel Reeves wants Brits investing — just as the City fears an AI bubble – POLITICO
“There is no doubt that the government would find it much harder to drive retail investment in a…
The real danger of the AI bubble
It is astonishing to see how many economists are predicting Armageddon just because they don’t like Donald Trump.…
Global financial system susceptible to shocks, Bailey warns G20
The global financial system is vulnerable to shocks amid a recent surge in the price of shares and…