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      Shoppers walk past a store window advertising Up to 30% off Black Friday sales on a busy street

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      After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom

      Nvidia CEO Jensen Huang, a man with gray hair and glasses, wearing a black leather jacket, looking upwards.

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Andrew Bailey

  • We should be AI optimists, says Bank of England deputy

    October 12, 2026

    A top Bank of England official has called for optimism around artificial intelligence and said leveraging the tech is the “best pathway” to securing economic growth. Sarah Breeden, deputy governor for financial stability at the central bank, said the UK needs to “think ahead” on the future use cases of AI for “how we might [...]

  • AI minister warns of ‘inevitable’ cyber attack on UK as he tells labs to ‘be honest’

    October 12, 2026

    Britain cannot rely on tech giants to police their own AI systems, the government has warned, as ministers prepare new measures to protect businesses and national security from increasingly powerful artificial intelligence. AI minister Kanishka Narayan warned that a major AI-powered cyber incident hitting the UK is “inevitable” as he called for a national effort [...]

  • Bailey: Governments must help control inflation too

    October 8, 2026

    Bank of England governor Andrew Bailey has said that governments should look to help keep prices stable and win over markets with disinflationary tax and spending measures.  In an intervention on the relationship between monetary and fiscal policy, Bailey urged governments to consider the impacts of government spending and borrowing on inflation. The Bank of [...]

  • Bailey calls for greater AI testing as risks to economy rise

    September 30, 2026

    Andrew Bailey has called on governments to ramp up testing on frontier AI models before they are launched to the public, warning that advanced artificial intelligence posed sophisticated threats to the banking, markets and payments systems. In the first of a series of letters on the fledgling technology, the governor of the Bank of England [...]

  • Bank of England’s Taylor: No need for interest rate hike

    September 30, 2026

    Bank of England official Alan Taylor has downplayed the need to raise interest rates in the face of the looming energy crisis, saying he saw no evidence that price rises from an initial jump in fuel costs were filtering into the wider economy. External Monetary Policy Committee member said the case for rate hikes was [...]

  • The Monetary Policy Committee has changed its mindset. What’s next for interest rates?

    September 28, 2026

    Investec Chief Economist Philip Shaw explains why an interest rate rise now looks more likely – and when these changes are expected. The Bank of England’s Monetary Policy Committee voted 6-3 to keep the Bank rate at 3.75% earlier this month, with the three dissenters backing a quarter-point increase. This was exactly the same voting [...]

  • Borrowing costs fall after Bank of England ‘surprises’ markets with bond sale change

    September 17, 2026

    The government’s borrowing costs fell on Thursday, after the Bank of England voted to hold interest rates and chose to end its long-term gilt sales in a major overhaul of its bond sale programme. The yields on both short- and long-term government bonds fell in the aftermath of the decision, as traders pared back bets [...]

  • Bank of England holds interest rates and overhauls bond sale programme

    September 17, 2026

    The Bank of England has kept interest rates on hold at a sixth consecutive meeting, but warned that they were likely to rise at future meetings unless the threat to energy markets posed by the Iran war begins to ease. The central bank’s Monetary Policy Committee voted six to three to leave rates unchanged, in [...]

  • As it happened: FTSE 100 soars after Bank of England holds interest rates

    September 17, 2026

    Welcome back to City AM‘s FTSE 100 liveblog. Investors responded positively to the Bank of England’s widely tipped decision to leave interest rates unchanged at 3.75 per cent on Thursday. Bank of England Governor Andrew Bailey said that volatile energy prices caused by the Iran war will push inflation up further than its current 3.1 [...]

  • How do central bankers decide interest rates when inflation is so unpredictable?

    September 16, 2026

    The Federal Reserve, Bank of England and Bank of Japan all confront the same question this week: how do you set interest rates when inflation is being buffeted by forces well beyond your control? Writes Helen Thomas Three of the world’s most important central banks meet this week, with the Federal Reserve, Bank of England [...]

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