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Andrew Bailey

EconomyTop Stories

AI’s rapid advance threatens global financial stability, says key watchdog

GBO CorrespondentSeptember 2, 2026September 2, 2026
GBO CorrespondentSeptember 2, 2026September 2, 2026
FSB Chair Andrew Bailey said AI systems were acquiring sophisticated problem-solving abilities...
AIAI CyberattackAI HackingAI ModelsAndrew BaileyArtificial IntelligenceBank of EnglandFinancial Stability BoardFrontier AI Models
EconomyFeatured

Brexit cost 6% of British economy, says study citing BoE company data

GBO CorrespondentJune 22, 2026June 21, 2026
GBO CorrespondentJune 22, 2026June 21, 2026
The BoE report found that about half the economic hit came from...
Andrew BaileyBank of EnglandBrexitEuropean UnionNick BloomStanford UniversityUnited Kingdom
Banking and FinanceTop Stories

Bank of England policymakers split over future path for rates

GBO CorrespondentFebruary 16, 2023
GBO CorrespondentFebruary 16, 2023
The Bank of England raised interest rates for the tenth time in...
Andrew BaileyBank of EnglandEnglandEngland GDPEngland InflationEngland RecessionInflationMarketsRecession
EconomyTop Stories

Will UK housing crisis lead to economic downfall?

GBO CorrespondentSeptember 13, 2022September 12, 2022
GBO CorrespondentSeptember 13, 2022September 12, 2022
In 2020-2021, the UK hit a low of 1,35,500 homes, much of...
Andrew BaileyLabour governmentLondonUK EconomyUK infrastructure crisisUnited Kingdom
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GBO Jul-Sep 2026 IssueCURRENT
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The ‘Brexit Bill’ United Kingdom is still payingBrexit has caused missed growth opportunities, suppressed investments, higher prices, and constrained ambition…

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