This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Operating in a sandbox environment, the Digital Pound Lab will ...
The British pound and government bond yields fell sharply early Thursday after Bank of England Governor Andrew Bailey said the central bank could be more aggressive in cutting borrowing costs if ...
The Bank of England (BoE) and HM Treasury in the United Kingdom released their response to a consultation on a central bank digital currency (CBDC) launched in February 2023, saying they intended to ...
The Bank of England held interest rates steady Thursday, but investors are growing more confident that it is set to cut rates in the next few months, alongside its European peers. Here's how markets ...
The Bank of England and HM Treasury are in the design phase for the creation of a digital pound or central bank digital currency. A consultation paper outlined the framework as a precursor to a ...
The Bank of England is recruiting a team to work on the development of a digital pound as payments using central bank digital currencies (CBDCs) are set to soar. The ongoing research and development ...
Data released by Britain's Office for National Statistics (ONS) on Tuesday showed that the country's unemployment rate rose ...
Bank of England holds rates in boost to savers ahead of Budget - The base rate remains at 4% though there will immediately be ...
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