Tag Archives: THE BANK OF ENGLAND

09Jun/26

The Political War Over Equality Laws

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Tue, Jun 09 2026 /Mpelembe Media/ — Kemi Badenoch argues that equality legislation like the Public Sector Equality Duty (PSED) has inadvertently created a culture where public authorities are so terrified of career-ending accusations of racism that they replace common sense and critical thinking with bureaucratic box-ticking. She claims this deep-seated fear has caused institutions to withhold information, avoid difficult conversations, and become “institutionally incompetent” when dealing with issues of race and identity. Continue reading →

20Apr/26

Claude Mythos triggers global cyber panic

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The Mythos Inflection: How Anthropic’s New AI is Rattling Global Finance

April 20, 2026 /Mpelembe Media/ — The Emergence of Autonomous AI Cyber Threats Anthropic’s recent announcement of Claude Mythos Preview has fundamentally disrupted the cybersecurity landscape, marking a transition from AI as a productivity tool to an autonomous offensive cyber weapon. The model has demonstrated an unprecedented ability to discover and exploit zero-day vulnerabilities at machine speed, autonomously uncovering decades-old flaws in systems like OpenBSD, FFmpeg, and the Linux kernel without human intervention. Cybersecurity experts warn this creates an “AI Vulnerability Storm”, collapsing the timeline between a vulnerability’s discovery and its weaponization from months to mere hours. Continue reading →

07Feb/26

Badenoch Declares “Britain Not Being Governed”

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“Britain Is Not Being Governed”: 4 Surprising Takeaways from the Mandelson Scandal

07 Feb. 2026 /Mpelembe Media  — Based on the provided data, there is no specific information detailing the exact event, allegation, or revelation that led to Lord Mandelson’s resignation. Continue reading →

24Mar/23

Women only gained access to the London Stock Exchange in 1973 – why did it take so long?

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James Taylor, Lancaster University

On March 26 1973, the London Stock Exchange admitted its first female members. This followed years of resistance, with London trailing behind other smaller exchanges around the UK.

That women had been excluded for so long was not only due to institutional misogyny. Research has shown how finance was imagined in sexist terms for centuries. And despite the extraordinary accomplishments of prominent female figures over the past 50 years, these biased beliefs persist to this day.

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13Mar/23

HSBC will acquire the assets of SVB UK. Deposits will be protected

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Here’s the HM Treasury statement:

Silicon Valley Bank (UK) Ltd has today been sold to HSBC. HSBC is headquartered in London, is the largest bank in Europe and is one of the world’s largest banking and financial services institutions, serving 39 million customers globally. Customers of SVB UK will be able to access their deposits and banking services as normal from today.
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03Oct/22

Three reasons a weak pound is bad news for the environment

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Katharina Richter, University of Bristol; Alix Dietzel, University of Bristol, and Alvin Birdi, University of Bristol

The day before new UK chancellor Kwasi Kwarteng’s mini-budget plan for economic growth, a pound would buy you about $1.13. After financial markets rejected the plan, the pound suddenly sunk to around $1.07. Though it has since rallied thanks to major intervention from the Bank of England, the currency remains volatile and far below its value earlier this year.

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24Sep/22

Mini budget 2022: experts react to the new UK government’s spending and tax-cut plans

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Phil Tomlinson, University of Bath; Andrew Burlinson, University of East Anglia; Catherine Waddams, University of East Anglia; Donald Hirsch, Loughborough University; Jean-Philippe Serbera, Sheffield Hallam University; Jim Watson, UCL; Jonquil Lowe, The Open University, and Steven McCabe, Birmingham City University

UK chancellor Kwasi Kwarteng has just launched the biggest package of tax cuts in half a century. This will involve around £45bn of reductions for people and businesses by 2027 – 50% more than anticipated before the mini-budget announcement.

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24Sep/22

Mini budget: will Kwasi Kwarteng’s plan deliver growth?

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Steve Schifferes, City, University of London

The UK economy has been dogged by slow growth for a long time. Combined with even slower growth in productivity, it has meant virtually no increase in living standards for the average family over the past decade.

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05Aug/22

UK interest rate rise: what the Bank of England’s historic hike means for your money

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Jonquil Lowe, The Open University

The Bank of England has raised its base rate by 0.5 percentage points, the largest single upward jump in 27 years. It takes the base rate to 1.75%, its highest level since 2008. This latest interest rate hike will affect personal finances and reflects the Bank’s efforts to control rampant inflation amid the cost of living crisis in the UK.

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25Jul/22

Rishi Sunak or Liz Truss? Polling shows party members want her – but the wider voting public would choose him

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Paul Whiteley, University of Essex

Rishi Sunak and Liz Truss are the final two candidates chosen to go head-to-head in the battle to become the next leader of the Conservative party and, therefore, the next prime minister of the UK.

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