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BofE governor: AI likely to displace jobs

December 19th 2025

The rise of artificial intelligence will probably displace people from jobs, but the technology is also likely to be “the next leg up” for UK economic growth, according to the governor of the Bank of England.

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BofE governor: AI likely to displace jobs

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EuroCTP named EU consolidated tape provider for shares and ETFs

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FCA to allow flexible contactless card payment limits from March 2026

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European payment fraud rate remains steady

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SoFi Bank launches stablecoin

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Stablecoin platform RedotPay raises $107 million

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Deutsche Bank goes live with Wero

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Barclays to test ExpectAI platform to help SMEs with sustainability insights

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Belgium bank-owned itsme acquires Dutch banks’ digital ID service iDIN

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Google launches UPI-linked credit card in India

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Co-branded card provider Imprint hits unicorn status

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Noah and Fin.com launch fiat-to-stablecoin virtual accounts

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DTCC picks Canton Network to tokenise US Treasury securities

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HSBC pledges to keep all UK branches open for next two years

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Monzo secures EU licence; opens Irish waitlist

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Fintech hiring hits new heights as UK unemployment rises

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Bunq introduces crypto roundups and upgraded AI assistant

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Square pilots cash rounding to help sellers with penny’s demise

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Informed.IQ raises $63m for AI-powered fraud prevention and loan verification

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Starling embarks on hiring spree as SaaS unit Engine moves to new HQ

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