Bank of England governor Andrew Bailey warns UK must prepare for AI-driven market shocks

In an interview with the BBC on October 1, 2026, Bank of England governor Andrew Bailey warned that the UK must prepare for financial market shocks resulting from artificial intelligence. He said the central bank is watching AI investments carefully and that not every company will succeed. Bailey also highlighted risks such as cyber attacks and revealed he was the subject of deepfake images. He emphasized the need for help from the tech sector to address these threats.