Bank of England stories - Page 1

With inflation rising, 54% of British consumers plan to take advantage of Black Friday and Cyber Monday for their average Christmas budget of GBP £352.

Encompass has joined the Financial Markets Standards Board as an Associate Member, enhancing efforts to improve financial market standards.

Only 20.8% of finance professionals have stressed exit plans with suppliers, despite DORA recommendations, highlighting a key vulnerability exposed by a recent CrowdStrike outage.

REGnosys has open-sourced its regulatory language Rune to FINOS, aiming to streamline compliance and reduce UK banks' annual reporting costs of up to GBP £4.5 billion.

The Ashdown Group's 2024 IT Salary Guide reveals a 27% drop in job posts amid economic slowdown, but optimism rises with potential Bank of England rate cuts.

The Bank of England and Code Institute advocate for artificial intelligence as a catalyst for job generation, urging developers to tap into the soaring demand for AI skills.

The Bank of England's IT spending has surged by 12% to £98.8m, eliciting criticism amid rising expenses on tech salaries and bonus payouts.

UK government's wait and see approach to AI regulation sparks criticism among lawmakers over lack of urgency despite AI's existential threat warnings.

Bank of England Governor, Andrew Bailey, defies cynicism surrounding AI, predicting AI's potential for job creation and efficiency over elimination in the UK economy.

Nearly two in five UK businesses see high inflation as a major uncontrollable concern, hindering recovery efforts, with tech investment cutbacks in response, reveals a Zoho study.

AI and ML algorithms can process large quantities of data and deliver increased efficiency, scalability and accuracy for fintechs pioneering the technology.

British Astronaut and Author Major Tim Peake is set to headline Big Data LDN (London), the UK’s data, analytics and AI event.

The COVID-19 pandemic has catalysed a digital payments revolution, but fraudsters are taking advantage. Find out how experts are fighting back.

Finding IT talent is becoming increasingly difficult, particularly for those most in demand, including software developers and analysts.

The global Internet of Things market is set to grow 19% in 2023, according to the latest IoT Enterprise Spending Dashboard and Tracker.

Mick Reynolds, former Head of Cyber Intelligence and Security Testing at Direct Line Group, joins SecAlliance as Director of Intelligence.

Nine out of ten fintechs plan to recruit more experts to help tackle fraud as they expect scams to soar in 2023, according to new research.

Those who control the most widely used currencies also control a great deal of the global economy, and it is time for New Zealand to get in the game.

The evolving cyber threat landscape is leading to a real need of more robust defences, as well as realistic, or ‘real-life’ testing of those defences.

Wall Street advanced, shrugging off earlier declines following Friday's disappointing US jobs report, after New York Fed President William Dudley sugg.