Some 86% of regulated firms now use AI, according to a joint AI survey from the FCA and the Bank of England, due to be published next week.
The Bank of England’s Monetary Policy Committee (MPC) has voted 6-3 to maintain the base rate at 3.75% today in a widely expected decision.
CPI inflation jumped to 2.9% in July from 2.6% in June in what’s been seen as a blow to the government.
Technology and other service providers whose services underpin the UK financial system will be overseen from today by UK financial regulators The Bank of England, the Prudential Regulation Authority (PRA) and the FCA.
The Bank of England’s Monetary Policy Committee (MPC) has voted today by a 7-2 majority to hold the Bank of England base rate at 3.75%.
The FCA and the Bank of England are seeking industry views on the future of UK wholesale markets after they jointly published their vision for tokenisation.
The Bank of England’s Monetary Policy Committee (MPC) voted 8 to 1 today to keep the base rate at 3.75%.
The Bank of England’s Monetary Policy Committee (MPC) has kept the base rate at 3.75% today, the same as its last review in February.
The Bank of England’s Monetary Policy Committee (MPC) voted today to maintain the base rate at 3.75%.
The Bank of England, the FCA and the Treasury have been accused of exposing the public and the financial system to potentially serious harm due to their current positions on the use of artificial intelligence (AI) in financial services.
The Band of England’s Monetary Policy Committee (MPC) voted by a majority of 5 - 4 to cut its base rate today from 4.25% to 4% in a widely expected move.
Andrew Bailey, governor of the Bank of England, has registered his opposition to Government plans to set asset allocation targets for pensions under its new Pension Schemes Bill.
The Band of England’s Monetary Policy Committee (MPC) has voted by a majority of 6 - 3 to hold its base rate today at 4.25% in a widely expected move.
The Bank of England’s Monetary Policy Committee (MPC) voted 5 – 2 – 2 to cut its base rate to 4.25%, in a widely expected move.
Over £280bn is sitting in UK bank accounts earning no interest, according to data released today by the Bank of England.
The Bank of England’s Monetary Policy Committee (MPC) has voted 7 – 2 to cut the base rate to 4.5% today, in a widely expected move.
British savers put over £20bn into cash savings in October, the highest deposits ever seen outside of the Coronavirus pandemic.
The Bank of England's Monetary Policy Committee (MPC) has voted 6-3 to keep the base rate at 4.75% in a widely expected move.
The Bank of England's Monetary Policy Committee (MPC) has voted 8-1 to hold the base rate at 5% in a widely expected decision.
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