22 stories tagged #Bank of England

  1. UK Regulators Urge Firms to Mitigate Frontier AI Cyber Risks
    tech

    UK Regulators Urge Firms to Mitigate Frontier AI Cyber Risks

    British finance authorities, including the BoE and FCA, warn that frontier AI models pose escalating cyber threats to firms, customers, and financial stability.

    2w ago 1 min read
  2. UK Borrowing Costs Hit 18-Year High Amid Political Turmoil
    finance

    UK Borrowing Costs Hit 18-Year High Amid Political Turmoil

    Thirty-year gilt yields reach levels not seen since 1998, driven by political uncertainty and energy inflation. Markets eye Bank of England's next move.

    2w ago 1 min read
  3. Bank of England's Megan Greene Warns Inflation Persists Amid Geopolitical Turmoil and UK Supply-Side Weakness
    finance

    Bank of England's Megan Greene Warns Inflation Persists Amid Geopolitical Turmoil and UK Supply-Side Weakness

    BOE policymaker highlights the interplay of post-COVID inflation, geopolitical shocks, and weak UK supply-side conditions driving economic challenges.

    3w ago 1 min read
  4. Bank of England's Bailey Warns US Stablecoins Could Destabilize UK in Crisis
    crypto

    Bank of England's Bailey Warns US Stablecoins Could Destabilize UK in Crisis

    BoE Governor Andrew Bailey cautions that US-issued stablecoins with weak redemption guarantees could flood the UK during financial turmoil, posing systemic risks.

    3w ago 1 min read
  5. UK 30-Year Bond Yields Hit Highest Since 1998 as Political Turmoil Deepens
    finance

    UK 30-Year Bond Yields Hit Highest Since 1998 as Political Turmoil Deepens

    UK gilt yields surge to record highs over inflation fears, political instability, and local election risks, threatening higher costs for businesses and households.

    3w ago 1 min read
  6. Bank of England Warns of Rate Hikes as Iran Conflict Drives Inflation to 3.3%
    finance

    Bank of England Warns of Rate Hikes as Iran Conflict Drives Inflation to 3.3%

    The Bank of England signals potential rate hikes due to Iran conflict-driven inflation, raising oil to nearly $100 barrel, influencing Fed and ECB policies.

    last mo. 1 min read
  7. UK Financial Sector Ready for AI Advancements, Bank of England Confirms
    finance

    UK Financial Sector Ready for AI Advancements, Bank of England Confirms

    The Bank of England-led Cross Market Operational Resilience Group asserts the UK's financial sector is prepared for emerging AI models like Mythos and associated cyber risks.

    last mo. 1 min read
  8. UK Gilt Yield Surges Amidst Fed Nominee Warsh's Policy Signals
    finance

    UK Gilt Yield Surges Amidst Fed Nominee Warsh's Policy Signals

    UK 2-year gilt yields hit multi-month highs following Fed nominee Kevin Warsh's remarks on economic policy and potential rate cuts.

    last mo. 1 min read