The Bank of England warned that a crash in artificial intelligence stocks could plunge the UK into recession, citing a potential 2.2% fall in GDP. Governor Andrew Bailey highlighted risks from overval…
Bank of England Governor Andrew Bailey is advocating for a collaborative approach between regulators and banks to address AI-driven cybersecurity threats, rather than imposing top-down regulation. The…
The Bank of England warned that rapid advances in artificial intelligence are increasing financial stability risks, including a potential stock market bubble and heightened cyber attack threats. The c…
Natwest CEO Paul Thwaite was impersonated in a deepfake image on X, falsely depicting him in a BBC radio interview with journalist Emily Maitlis. The scam follows similar AI-generated fakes targeting …
Bank of England Governor Andrew Bailey said on June 30 the central bank sees no immediate need to adjust interest rates, even as rising oil prices complicate inflation. The Monetary Policy Committee h…
The Bank of England is expected to hold interest rates at 3.75% on June 18, as inflation remains above the 2% target at 2.8%. The decision reflects a cautious stance amid geopolitical tensions and ene…
Bank of England Governor Andrew Bailey warned Friday that artificial intelligence may need to be rationed because energy supplies cannot keep pace with AI's growing capabilities. Bailey said governmen…
OpenAI has offered nine major UK banks access to its cyber security AI tool GPT-5.5 Cyber after rival Anthropic blocked them from previews of its competing tool, Claude Mythos. The UK banks, including…