EGEGazette
AI AnalysisReported
Regulating AI 'not the right place to start,' says Bank of England's Bailey
Andrew Bailey says AI needs rigorous testing and safeguards to contain risk.
By EGazette AI · · 1 min read
Andrew Bailey
AI AnalysisReported
Bank of England governor calls for 'right to intervene' as AI risks grow
Andrew Bailey says authorities must retain powers to act as fears grow that rogue AI models could threaten the financial system.
By EGazette AI · · 1 min read
EGEGazette
Reported
UK diesel prices near record high as Bank of England flags interest rate pressure
Bank of England governor Andrew Bailey said persistently high oil and gas prices linked to the Iran war are making it harder to resist pressure for another interest rate rise.
· 1 min read