Bank of England leaves interest rates on hold and lowers inflation forecast amid Middle East ‘uncertainty’ – as it happened

Rolling coverage of the latest economic and financial news, including the latest UK jobs report and the Bank of England’s interest rate decision ...

Bank of England Eases Stablecoin Rules, Swaps Holding Caps for £40B ‘Guardrail’

The BoE scrapped individual holding caps for a £40 billion per-coin issuance limit and will let issuers hold more reserves in government debt.
Politico Europe

Bank of England warns an AI crash could plunge UK into recession

Andrew Bailey warns of a “triple whammy” of risks as AI companies now make up half of the U.S. S&P 500, up from a quarter in ...

Bank of England holds interest rates at 3.75% amid Iran war peace prospects

The Bank of England on Thursday opted to hold its benchmark interest rate steady at 3.75%. In a statement, the Monetary Policy Committee expects inflationary pressure to remain as higher energy prices ...

Bank of England's Breeden signals new rules to govern agentic AI

By Phoebe Seers LONDON, June 30 (Reuters) - The Bank of England on Tuesday signalled the need for bespoke AI regulation to ...

Bank of England sounds alarm over AI as fears of stock market bubble and cyber attack mount

The Bank of England has sounded the alarm over a sharp increase in artificial intelligence (AI) risks amid soaring stock ...
CNBC

Bank of England faces the 'most difficult combination,' says governor Bailey as energy prices soar

Bank of England governor Andrew Bailey told CNBC that should the Iran war energy crisis persist, the central bank may have to take action. His comments follow the bank's decision to keep its ...

One million more UK homeowners set to face higher mortgages

A million more homeowners face higher mortgage bills than the Bank of England had previously expected due to the impact of ...