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 ...

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 is expected to keep rates steady Thursday, even after U.K. inflation rose to 3.1% and energy costs keep pressure on prices.

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 ...

Bank of England Chief Economist Huw Pill, who has voted for a quarter-point interest rate hike in recent months, said on ...

LONDON, Sept 17 (Reuters) - The Bank of England kept interest rates on hold on Thursday but warned they might have to go up if the Iran war drags on, while predicting British inflation will top 4% ...

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 ...

Whether it be advancing cyber capabilities or overstretched valuations, AI poses a major risk for the global economy, the governor warned. Reading time 3 minutes The governor of the central bank of ...