AI likely to displace jobs, says Bank of England governor

Andrew Bailey said the UK needed to have the "training, education, [and] skills in place" so workers could shift into jobs that use AI.

He told the BBC Radio 4's Today programme people looking for a job would find securing employment "a lot easier" if they had such skills.

However, he warned that there was an issue with younger, inexperienced professionals finding it difficult to secure entry-level roles due to AI.