Bank of England News

The Bank of England is one of the main financial authorities and is the central bank of the United Kingdom. The Bank of England is the second-oldest bank in operation and the most influential of them, having served as a role model for other countries’ central banks. There are a lot of services provided by the Bank of England. For example, the Bank of England provides a quarterly inflation report that sums up all the results of monetary policies. The Bank of England is also in charge of economic growth forecasts and some other financial predictions and research. The Bank of England is the custodian of the gold reserves of the United Kingdom and the official gold reserves of around 30 other countries. The Bank of England is the banknote issuer of UK and has a contract with De La Rue plc. – an English banknote manufacturing company that prints all the modern banknotes of the UK.
News
In a recent survey, British adults expressed concerns of personal privacy and government interference on the prospect of a government-backed digital currency.
Poll shows Brits concerned over the prospect of a digital pound
Tom Farren
2021-08-24T14:22:50+01:00
2231
News
“While I believe in the power of new technology, we also need to manage its impact on our economy and society,” said Rishi Sunak.
UK chancellor names CBDC on list of financial reforms for Treasury
Turner Wright
2021-07-01T17:30:00+01:00
4273
News
The Bank of England’s executive director of the Financial Market Infrastructure Directorate says that stablecoins are hardly “launching us off into some brave n...
Stablecoins not that radical, says Bank of England official
Marie Huillet
2021-06-10T11:37:48+01:00
9020
News
The Bank of England has published a new discussion paper that tries to gauge the systemic implications of both private stablecoins and a central bank digital cu...
BoE tackles ‘difficult and pertinent’ questions about digital money
Marie Huillet
2021-06-07T11:59:19+01:00
9585
News
The Bank of England's deputy governor has argued that, with the possible rise of non-bank actors issuing currency, public money in digital form could serve as a...
UK will likely need to issue a digital currency, says BoE deputy governor
Marie Huillet
2021-05-14T12:15:27+01:00
10698
Explained
Central bank digital currencies face a tricky trilemma when it comes to ensuring they are well designed. What’s the answer?
The challenges with designing a CBDC, explained
Connor Sephton
2021-05-11T23:10:00+01:00
News
England’s central bank warns crypto investors to be wary of the risks associated with buying cryptocurrencies.
Bank of England governor issues crypto investment warning
Osato Avan-Nomayo
2021-05-07T12:42:10+01:00
48938
News
The BoE has recently taken greater steps toward the rollout of a central bank digital currency.
Bank of England and UK Parliament get ‘Bitcoin fixes this’ treatment
Turner Wright
2021-05-02T22:00:00+01:00
33989

Follow us on Facebook