Bank of England to press on with digital currency in case banks fall short, Bailey says
The Bank of England is reluctantly pressing on with work to create a form of digital money accessible to the general public, ...
Britcoin Will Not Replace Cash, BOE Governor Bailey Says
Digital money will not replace cash in the UK and the Bank of England will continue to provide notes and coins “for as long ...
Bank of England's Mann Says Fall in Inflation Pressure Has Long Way to Go
WASHINGTON (Reuters) - Bank of England interest rate-setter Catherine Mann welcomed a recent fall in inflation in Britain but ...
How gold became one of the world's hottest investments
Central banks purchased a record 483 tons of gold in the first half of the year, according to the World Gold Council, a ...
Bank of England's Greene says September inflation fall driven by volatile components
A sharp fall in British consumer price inflation in September was driven by more volatile components, Bank of England ...
U.K.’s Inflation Path Remains Murky, Bank of England’s Andrew Bailey Says
The U.K. still can’t depend on sustained lower inflation, Bank of England Gov. Andrew Bailey said Wednesday.
Analysis-Markets Gear up for Two Wild Weeks of Elections and Rate Moves
Meanwhile, gauges derived from financial contracts called options, which are used to hedge against swings in the market, show ...
BOE’s Breeden Wants Stigma Around Central Bank Facilities to End
Central banks need to address the stigma attached to using their liquidity facilities so that banks won’t be put off using ...
Starmer’s bid to fix broken water industry after series of sewage scandals
The commission, is a joint venture between the UK and Welsh governments, comes after Sir Keir Starme r’s government ...
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Bank of England to press on with digital currency in case banks fall short
The BoE and Britain's finance ministry have said they will not make a final decision before 2025 at the earliest whether to go ahead with a state-backed digital pound or central bank digital currency ...
Fiscal drag is damaging growth, says Bank rate-setter
Frozen personal tax thresholds are damaging economic growth, a Bank of England rate setter has warned. Catherine Mann, a ...
Bank of England to cut interest rates to 2.75 per cent, Goldman predicts
Goldman Sachs expects the Bank of England to cut interest rates more aggressively than financial markets anticipate.