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 ...
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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.

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.

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 contain risks to the financial system posed by increasingly capable agentic ...

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's Bailey pushes back against deregulation

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

UK lawmakers back Haskel as next chair of budget forecasting office

Jonathan Haskel, a former Bank of England interest rate-setter and economics professor, has won the support of lawmakers to ...

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 ...

Interest rates may need to rise this year, says Bank of England economist from Cardiff

Chief economist at the Bank of England says slower growth and inflationary pressures mean rate rise needed ...