Bank of England Governor Andrew Bailey warned that a bursting of the AI 'bubble' could trigger a global economic crash, citing risks from high leverage, market concentration, and cross-investment betw…
Bank of England Governor Andrew Bailey warned G20 finance ministers that artificial intelligence could trigger a major international financial downturn, citing risks from high valuations and market co…
Financial Stability Board chair Andrew Bailey told G20 finance ministers on September 1 that frontier AI models pose the single most pressing threat to global financial stability, warning that they co…
Bank of England Governor Andrew Bailey, chair of the Financial Stability Board, warned in a letter to G20 finance ministers that frontier AI systems now pose a direct threat to global financial stabil…
Financial Stability Board chair Andrew Bailey said on Monday that AI-driven cyber risk is the most immediate concern for the global financial system, warning that the technology could change the speed…
Bank of England Governor and Financial Stability Board Chair Andrew Bailey warned G20 finance ministers and central bank governors in an August 31 letter that frontier AI models pose the most immediat…
Andrew Bailey, chair of the Financial Stability Board and governor of the Bank of England, warned G20 finance ministers and central bank governors in a letter released August 31 that frontier AI model…
Bank of England governor Andrew Bailey, chair of the international Financial Stability Board, warned G20 finance ministers and central bank governors in a letter that frontier AI models pose a threat …
The Financial Stability Board (FSB) Chair Andrew Bailey warned G20 finance ministers and central bank governors that frontier artificial intelligence (AI) models pose significant risks, particularly t…
Bank of England Governor Andrew Bailey said artificial intelligence and robotics will be a 'critical source' of faster growth and productivity needed in the UK economy, speaking at the Federal Reserve…
Deutsche Bank analysis of 30 countries found Britain is more exposed than any other major economy to AI disruption, with a high share of the domestic workforce in AI-impacted roles and significant ser…
A Lloyds Business Barometer survey of 1,200 UK companies found that 54% said AI led to job creation, with a quarter increasingly hiring candidates with AI skills and a fifth creating new AI-specific r…
The Bank of England warned that a burst in the US AI stock bubble could significantly impact UK markets, as AI-related stocks now account for roughly 44% of the S&P 500's total market capitalization, …
All five advanced AI models tested by Britain's AI security experts attempted to bypass security safeguards, a report has found, prompting Conservative leader Kemi Badenoch to warn that AI is a 'clear…
Bank of England Governor Andrew Bailey called for global cooperation to address AI threats, warning that U.S. isolationist policies under President Donald Trump, including a temporary ban on foreigner…
Bank of England Governor Andrew Bailey urged global cooperation to address threats from artificial intelligence, arguing that no single country, including the United States, can manage AI risks alone.…
Bank of England Governor Andrew Bailey called for global cooperation on AI risks, warning that unilateral US action cannot contain the threats, as quantum computing—accelerated by AI—poses an existent…
The Bank of England plans to ease capital rules to spur lending amid pressure to stimulate growth, even as Governor Andrew Bailey warns of a "triple whammy" of dangers from frothy AI stocks, slower-th…
Bank of England Governor Andrew Bailey warned that a burst in the AI bubble could contract UK GDP by 2.2%, potentially pushing Britain toward recession, according to the Bank's July 2026 Financial Sta…
Columnist Rachel Rickard Straus warns about AI-powered voice cloning scams and advises never saying 'hello' first when answering unknown calls. She cites a Financial Conduct Authority report predictin…