A senior BoE official warns that widening coverage gaps could shift climate losses onto households, banks and governments ...

The Bank of England held interest rates unchanged at 3.75%, in line with expectations, as the central bank seeks to balance above-target inflation and subdued economic activity. The move was backed by ...

Bank of England officials sound the most hawkish since 2023 as energy costs lift inflation and a November hike nears.

Andrew Bailey described the effect of frontier AI on cyber risk as the financial system's most immediate AI-related concern. Reuters Bank of England Governor Andrew Bailey has warned that rapidly ...

The Bank of England Governor has sounded the alarm over sky-high levels of borrowing in the artificial intelligence (AI) ...

Inflation looks set to briefly top 4% next year and that's likely to trigger a November insurance rate hike from the Bank of ...

While the Bank of England is busy stress testing the UK’s private markets, another threat is looming in the minds of ...

The Bank of England left its 3.75% Bank Rate unchanged on Thursday, despite rising inflation. UK CPI inflation rose to 3.1% in August, with motor fuel costs a major contributor. "The longer this ...

Environmental groups have been campaigning to encourage banks and other financial institutions to divest from fossil fuels for years, with efforts growing stronger since the Covid-19 pandemic and the ...