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Bank of England Governor Warns G20 of AI Downturn Risk
Andrew Bailey, in role as financial stability watchdog chief, warns advanced models risk destabilising system.
UK Gains Full Access to £13 Trillion CPTPP Bloc
UK businesses now have complete access to the CPTPP trading bloc, with economies worth almost £13 trillion in combined GDP with the UK...
Bank of England Governor Warns AI Could Trigger Global Downturn
Artificial intelligence could cause a worldwide economic downturn, the governor of the Bank of England has warned.
Scotland Could Be Home to 20% of UK Data Centres
One in five of the UK's data centres could be housed in Scotland, according to a new report as evidence suggests there could be many more...
UK Borrowing Costs Near 30-Year High Ahead of Budget
UK borrowing costs on newly issued government debt have averaged 3.8 per cent this year, the highest since 1998, as the 28 October budget...
Allica Bank Applies for Swedish Licence in First Overseas Move
Allica Bank has applied for a banking licence in Sweden, the first time the UK digital business bank has sought to operate outside its home...
UK Finance Reports 28% Rise in Mortgage Refinancing
Mortgage refinancing increased by 28% year-on-year in the second quarter of 2026, according to UK Finance's Household Finance Review.
UK Market Tenses as Betting and Gambling Lose Favour
If betting shops are a fixture of Britain's high streets, then the streets of Brent, in north-west London, differ from the norm only in...
British Investor Recovers 61 Bitcoin Worth $4.7M After 12-Year Fight
A British investor identified only as Chris has recovered 61 Bitcoin worth approximately £3.3 million ($4.7 million) after losing access...
Menter Gwynedd to Host Business Support Sessions
Looking to grow your business, improve productivity, adopt new technology, reduce your environmental impact or explore funding opportunities...