Bank of England governor Andrew Bailey has said that “urgent” digital reforms of retail banking payments should be a priority. In his annual Mansion House dinner speech, Mr Bailey said the UK needs to ...

April 16 (Reuters) - The Bank of England is testing the risks to the financial system caused by AI by conducting scenario analysis and simulations, the central bank said in a letter published by ...

The Bank of England cut its estimate of how much capital British banks need for the first time in a decade and promised to consult on rule changes next year, potentially paving the way for higher ...

The Bank of England's (BoE) Financial Policy Committee (FPC) has published a Financial Stability in Focus report, revisiting its assessment of bank capital requirements. The FPC now judges that the ...

The Bank of England has cut its estimate for the level of capital reserves that banks must hold to protect against their collapse, in a significant loosening of post-financial crisis regulations. The ...

Trade tariffs could increase the risk of some businesses falling behind on loans, while a high proportion of the UK workforce is in sectors more exposed to global shocks, the Bank of England has ...

The Bank of England (BoE) 2019 stress testing has found that the UK banking system is resilient to deep simultaneous recessions in the UK and global economies that are more severe overall than the ...

On 3 September 2025, Sarah Breeden, Deputy Governor for Financial Stability at the Bank of England (the Bank), gave a speech setting out her vision for a “multi-money” system. A “multi-money” system ...

When the global financial crisis hit in 2008, banks around the world collapsed or came close to it. Governments were forced to step in with billions of pounds of public money to stop the system ...

MPs on the Public Accounts Committee (PAC) were in new territory as they looked for lessons learned from a government IT project that was a resounding success. At a meeting to discuss the Bank of ...