The Latest Breaking News from Andrew Bailey

AI could cause global economic downturn, Bank of England governor tells G20

Andrew Bailey, in role as financial stability watchdog chief, warns advanced models risk destabilising system

The Guardian - UK · Aug 31

AI and robotics ‘critical’ for faster growth in UK economy, says Bank boss

Andrew Bailey also said he felt that so-called second-round effects of inflation in the UK were ‘quite subdued’.

Evening Standard · Aug 28

FTSE 100’s early promise fades as Bank of England holds rates

The FTSE 100 Index closed down 11.14 points at 10,897.27.

Evening Standard · Jul 30

Bank of England holds interest rates at 3.75% as inflation fears mount

Split vote comes as Iran war is rekindled and oil price climbs close to $90 a barrel

The Guardian - UK · Jul 30

Global Market: Bank of England expected to hold rates steady as inflation risks stay in focus

The Bank of England is expected to hold its benchmark interest rate at 3.75% as policymakers assess inflation risks from geopolitical tensions, energy prices and a slowing labour market. Investors will track the central bank’s guidance on future rate moves.

The Economic Times · Jul 30

Bank of England set to hold interest rates at 3.75%

A number of economists have predicted another seven-to-two vote in favour of holding the current rate.

Evening Standard · Jul 29

How Burnham’s team could reshape the Bank of England

Taking a fresh look at the Bank’s role would send a strong signal that a Burnham government is prepared to do things differently

The Guardian - UK · Jul 17

Bank of England governor would have put off Farage meeting had £5m gift been under investigation

Exclusive: Andrew Bailey says he does not regret meeting Reform UK leader to discuss cryptocurrency regulation

The Guardian - UK · Jul 15

Global Market: BoE governor calls for balanced banking rules, rejects deregulation push

Bank of England Governor Andrew Bailey pushed back against broad calls for deregulation, arguing that effective financial rules are essential for maintaining stability and supporting long-term economic growth. He also renewed his call for greater international cooperation on regulating advanced AI models, warning that the technology's cross-border risks require coordinated…

The Economic Times · Jul 15

Global cooperation needed to tackle AI threats, says Bank of England governor

Andrew Bailey warns that US will not be able to achieve its ambitions alone

The Guardian - UK · Jul 14