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      Bank of England rebuffs calls to speed up ‘shadow banking’ stress test

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  • Bank of England rebuffs calls to speed up ‘shadow banking’ stress test

    Regulation

    The Bank of England has rejected calls to speed up its inaugural stress test of the private credit industry, despite growing fears that a downturn in so-called shadow banking may pose a systemic threat to the global financial system. In a letter to the House of Lords’ Financial Services and Regulation Committee seen by City [...]

    The Bank of England is expected to hold interest rates at four per cent due to stubbornly high inflation.
  • REPLY Unveils the New Editions of the Reply AI Music Contest and Reply AI Film Festival under the Theme “Imaginatio Nova”

    Business Wire

    This year once again, the top finalists of the music contest will perform live on stage at Kappa FuturFestival in Turin, while the finalists of the film contest will be invited to an event organised by Reply and Mastercard, to be held in September in Venice.

  • Gousto founder: Rise of weight-loss jabs ‘a depressing state of affairs’

    Business

    Gousto founder Timo Boldt is on a mission to make the UK’s food system healthier. But in a world of weight-loss jabs – and after a succession of failed government initiatives – Ali Lyon asks whether he is fighting a losing battle. What goes into the most moreish hamburger on earth? Ask the owners of [...]

    Timo Boltd, founder of Gousto, poses confidently against a modern office backdrop, showcasing his entrepreneurial spirit.
  • City AM Awards 2026: Meet the Finalists

    March 18, 2026

    The City AM Awards are back and this year our finalists are stronger than ever. Our judges now have the task of voting for an overall winner in each category, to be announced at the Guildhall on May 6. And the nominees are…. Personality of the Year Greg Jackson CBE The entrepreneur and CEO of [...]

  • Reply Announces a Partnership With Mistral AI to Develop Sovereign and Enterprise-grade Artificial Intelligence Solutions

    March 18, 2026

    Reply [EXM, STAR: REY] today announced a new partnership agreement with AI leader Mistral AI aimed at accelerating the adoption of local, customisable, secure and enterprise-grade generative AI solutions at scale. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260318232777/en/ At the core of the collaboration is a shared vision of frontier AI, [...]

  • Despite rising HR tech investment, one-third of organizations lack the data foundations for reliable workforce decisions

    March 18, 2026

    A new BearingPoint workforce transformation report shows that while organizations are investing heavily in HR technology, most still struggle to turn workforce data into actionable skills and talent insights.

  • Nvidia’s $1 trillion bet keeps bubble fears at bay

    March 17, 2026

    Nvidia has raised its estimate of the potential market for its artificial intelligence chips to $1 trillion by 2027, in a move that helped steady investor concerns about the durability of the AI boom. Speaking at the company’s developer conference in California, chief executive Jensen Huang said demand for AI computing continues to expand as [...]

  • Is AI the future of work?

    March 17, 2026

    Technology leaders say artificial intelligence (AI) is the future of work, but the reality for business leaders is more complicated. The world of work is clearly moving in this direction, as the government recently announced plans to offer free training to British adults on how to effectively use AI in their work.  But researchers have [...]

  • Syngenta Builds World-Leading Research Center for Agricultural Bioscience – Powered by Advanced Technology and AI

    March 17, 2026

    New USD 130 million facility to focus on next-generation, sustainable solutions for farming Enhanced commitment to UK as a key hub for global R&D and innovation

  • Bank of England: We can’t eliminate bias in AI

    March 16, 2026

    A top boss at the Bank of England has warned the use of artificial intelligence programs will never be bias-free and instead users must be aware of the risk. Jem Davis, chief compliance officer at the Bank of England, said: “My view is you’re probably not going to be able to eliminate bias completely, but [...]

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