# Bank of England gains power to regulate Amazon, Google

The Bank of England has been granted new powers to regulate major tech firms such as Amazon and Google, aiming to oversee their growing role in financial services and payments. This move addresses potential risks to financial stability posed by big tech's expanding influence. It marks a significant shift in UK regulatory oversight, potentially reshaping how these companies operate in the financial sector.

**Importance:** 4/5

## Sources

### World
- [The Guardian World](https://www.theguardian.com/business/2026/jul/10/bank-of-england-handed-powers-to-regulate-key-tech-firms-including-amazon-and-google) — Fri, 10 Jul 2026 14:37:13 GMT
- [The Guardian World](https://www.theguardian.com/technology/2026/jul/14/global-cooperation-needed-to-tackle-ai-threats-says-bank-of-england-governor) — Tue, 14 Jul 2026 20:10:34 GMT
- [The Guardian World](https://www.theguardian.com/business/2026/jul/19/bank-of-england-bonds-coal-loans-assets) — Sun, 19 Jul 2026 05:00:17 GMT

### Business
- [The Guardian Biz](https://www.theguardian.com/politics/2026/jul/17/andy-burnham-team-reshape-bank-of-england) — Fri, 17 Jul 2026 14:31:52 GMT