UK share values ‘most stretched’ since 2008, Bank warns
Source: BBC
Archie MitchellBusiness reporterPA MediaThe Bank of England has warned of a "sharp correction" in the value of major tech companies with growing fears of an artificial intelligence (AI) bubble.It said share prices in the UK are close to the "most stretched" they have been since the 2008 global financial crisis, while equity valuations in the US are reminiscent of those before the dotcom bubble burst.The central…
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