At its meeting ending on 29 April 2026, the Monetary Policy Committee (MPC) voted by a majority of 8–1 to maintain Bank Rate at 3.75%. One member voted to increase Bank Rate by 0.25 percentage points, to 4%.
Under plans in a consultation published today, funded reinsurance – which involves UK life insurers paying a large up-front premium to a reinsurer in return for future payments – would be treated more like other investm…
The Bank of England Levy (the Levy) is a means of funding the costs of the Bank’s policy functions in pursuit of its Financial Stability and Monetary Policy objectives.
Firms will benefit from reduced costs and greater flexibility and find it easier to comply with the Senior Managers and Certification Regime (SM&CR), following reforms set out today by the Financial Conduct Authority (F…
Co-chair Sarah Breeden opened the session by welcoming attendees to the AI Consortium’s (AIC) third quarterly meeting held virtually. Sarah welcomed new Co-chair David Geale, the FCA’s Executive Director for Payments an…
Chairs James Kaye (FXJSC Operations Sub-Committee) and Sharon Blackman (FXJSC Legal Sub-Committee) opened the meeting and welcomed online and in person attendees.
The Bank of England has today published new and updated guidance on how the Bank might implement the UK’s resolution regime in the event of a bank failure.
The Chair opened the meeting by welcoming Members and noting that this was the first meeting since the Innovation in Money and Payments Conference, at which many AAG members had participated. The Chair was very pleased …
The future of work is already here. Workers around the world are increasingly hired, compensated, disciplined, and fired by algorithms that can be opaque, error-prone, and discriminatory; their faces, office badge swipe…