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Bank of England, Iran war

Bank of England warns of looming debt crisis

The Bank of England has sounded the alarm over the risk of surging AI and government debts triggering a financial crisis. It warned on Wednesday that threats to the UK finance system had grown over the past few months. Higher borrowing costs from the Iran war had increased weaknesses in private credit, AI and sovereign debt markets.

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We need ‘right to intervene’ in AI amid growing threat, says Bank of England boss

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AI valuations could see ‘sharper correction’, Bank of England warns

Crypto Briefing

Bank of England governor Andrew Bailey warns against weakening AI regulation

Bank of England governor Andrew Bailey warns that weakening AI regulation in finance is dangerous as frontier models pose ...

Bank of England's Taylor views case for rate hike as 'not compelling'

The case for raising interest rates will not become compelling unless high energy prices translate into clearer signs of second-round inflation effects, Bank of England Monetary Policy Committee ...

Bank of England rents new office from Monaco-based Reform donor

The Bank of England's new office in Leeds is owned by a Monaco-based Reform UK donor, filings show. Bank officials confirmed on Monday that it had signed a three-year lease for Capitol House in Bond ...

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