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Bank of England Governor Andrew Bailey says that British banks are still locked out of using Anthropic PBC's powerful new AI tool. Speaking with Bloomberg's Stephanie Flanders at a central banking conference in Iceland, Bailey adds that banks are using other models to test their cyberdefenses.

Bank of England Governor Andrew Bailey discusses the emerging risks from frontier AI models, the recent concerns about the private credit market and the central bank's stablecoin proposals. He speaks with Bloomberg's Stephanie Flanders at a central banking conference in Iceland.

Bank of England Governor Andrew Bailey comments on the recent concerns about the private credit market during an interview with Bloomberg's Stephanie Flanders at a central banking conference in Iceland.

Keir Starmer's 2024 landslide became a sinkhole in under two years. Bloomberg Originals explains how British politics collided with economic reality, fueling a revolving door of prime ministers.

UK inflation fell to its lowest rate in more than a year, prompting traders to bet on fewer Bank of England interest-rate hikes even though economists expect price pressures to return. Bloomberg's Sam Unsted reports.

Panmure Liberum economist Simon French discusses the UK economy and the political crisis surrounding Prime Minister Keir Starmer. Gross domestic product grew 0.6% in the first quarter, a jump from the 0.2% in the previous three months and the fastest expansion for a year. French speaks on Bloomberg Television.

Global monetary policy remains on high alert as the European Central Bank (ECB) and Bank of England (BoE) joined the US Federal Reserve in holding interest rates steady this week.

Bank of England Governor Andrew Bailey said inflation is expected to rise to "a little over 3.5% by the end of the year" as a direct consequence of the conflict in the Middle East. He was speaking during a press conference following the central bank's decision to keep interest rates on hold with several policymakers saying they might consider future hikes.

UK inflation accelerated in March, as a surge in energy costs triggered by the Iran war started to hit consumers in the pocket. The consumer prices index rose 3.3% from a year earlier, up from 3% the previous month, the Office for National Statistics said Wednesday. Santander Corporate and Investment Banking Economist Victoria Clarke reacts to the data on Bloomberg Television.

Christian Mueller-Glissmann, head of asset allocation research at Goldman Sachs, discusses the equities rally, the impact of US-Iran de-escalation on sentiment, and whether the markets recovery is sustainable. "I think we need central banks to shift back to a bit to where we were before," Mueller-Glissmann tells Bloomberg Television. "We need the rates relief to come in."