Lying, cheating AI risks stock market chaos, Bank of England boss warns

AI bots risk causing chaos in financial markets if they cheat and lie to make a profit, the Bank of England governor has told MPs.
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Andy Burnham faces economic storm as bank chief warns UK growth crisis must be fixed

Andy Burnham faces an economic storm as the Bank of England chief warns that UK growth crisis must be addressed urgently.

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's Bailey pushes back against deregulation

By David Milliken LONDON, July 14 (Reuters) - Bank of England Governor Andrew Bailey warned against calls for broad ...

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 Eases Stablecoin Rules with £40 Billion Cap, Removes Holding Limits for Issuers

The Bank of England has significantly softened its proposed stablecoin framework, removing earlier plans to cap individual holdings at £20,000. A temporary £40 billion issuance ...

Bank of England to push ahead with plan to limit hedge fund leverage

The Bank of England is pushing ahead with its plan to restrict how much debt hedge funds may use when trading UK government ...