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#Bank of England

2 stories taggedBank of England.

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Policy

Bank of England Governor Warns AI Threats Need Global Teamwork, Not Just US Action

Andrew Bailey says no single country can handle the risks of powerful AI models alone, days after the Trump administration blocked foreigners from accessing one of the most advanced AI tools on the market.

3 min read
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Policy

Bank of England gains power to regulate Amazon and Google cloud services from Monday

New rules mean the UK's central bank can directly oversee the tech companies that keep British banking running, cutting the risk of outages that could freeze millions of accounts.

3 min read
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