The Bank of England on Thursday allotted a record 54.666 billion pounds ($68.30 billion) in seven-day funds in its weekly short-term repo operation, higher than a previous record set last week of ...
The Governor of the Bank of England, Andrew Bailey, highlighted the need for distinct regulatory approaches for bitcoin and stablecoins, with a particularly stringent standard for the latter.
European markets were stronger Thursday as investors assessed a rate cut from the Bank of England and a flurry of earnings.
The Treasury Committee is looking into the risks and rewards from the rise of artificial intelligence in financial services ...
Banks and other finance firms have the money, IT skills and business case to increase the use of AI. In fact, the Bank of England figures recently revealed that 75% of finance firms are already using ...
The British economy managed to eke out a quarterly growth of 0.1% in the final quarter of 2024 following a stronger than ...
What do the latest forecasts on economic growth and inflation mean for the UK labour market, and could it face stagflation?
President Donald Trump’s tariff threats have created such strong demand for UK-held gold, traders are facing potentially weeks-long queues for a chance to withdraw it. All existing slots at the Bank o ...
OpenAI is scouring the U.S. for sites to build a network of huge data centers to power its artificial intelligence technology, expanding beyond a flagship Texas location and looking across ...
Convenience stores across the UK mainland provide more than 445,000 jobs, with staff working a combined 9.8 million hours a week, according to the 2024 ...
Wall Street was mostly lower on Wednesday despite US employment growth picking up last month by more than expected.
Qualcomm earnings beat Wall Street expectations, as revenue jumped. But IP licensing revenue missed estimates and stock fell 4.8%. Skyworks Solutions plunged after it said it expected its share of the ...
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