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The Guardian — Technology · September 30, 2026 · On the brief until October 14, 2026

We need ‘right to intervene’ in AI amid growing threat, says Bank of England boss

FinanceEconomicsPublic Policy
THE AI ANGLE
Exposing financial infrastructure and capital markets to systemic risk

Bank of England Governor Andrew Bailey called for authorities to retain the power to intervene in artificial intelligence to protect financial stability. AI firms took on 450 billion dollars in debt without turning a profit, tying funds and lenders to tech performance. Policymakers and finance professionals face new systemic risks across payment networks, bond trading, and capital markets.

Summary written by AI Business Lens with an AI model from the article at theguardian.com. It is not the article, and the publisher has not reviewed it. For publishers.

THE TEACHING ANGLE
Consider whether public authorities should establish technical boundaries for AI models before specific financial failures occur.

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