Bank of England signals urgent need for gilt repo market reforms
Sarah Breeden stated that doing nothing is not an option for the gilt repo market due to risks of bond trading drying up in a crisis.
Sarah Breeden stated that doing nothing is not an option for the gilt repo market due to risks of bond trading drying up in a crisis.
Sarah Breeden stated that the weak UK economic backdrop reduces the risk of inflation becoming sticky through wages and price-setting behaviour.
Andrew Bailey told the Mansion House audience that frontier AI represents the next general purpose technology likely to drive economic growth.
UK fixed mortgage rates fell at the fastest monthly pace since October 2024, with the two-year rate dropping 0.16 points to 5.52 percent in June.
The UK government has designated Microsoft, Google Cloud, Amazon Web Services and Oracle as critical third parties to the financial sector effective 13 July 2026.