Decision on Digital Pound Over Two Years Away, Bank of England Says
In January 2024, the BoE said a decision on whether to go ahead with a digital currency would not be made before 2025 at the ...
Bank of England pension warning as billions of pounds at risk
Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...
Warnings of 3% inflation throw Bank of England calculations in the air
The Bank of England's Monetary Policy Committee (MPC) uses interest rates to put a brake on the nation's spending.
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UK Central Bank to Test CBDC Capabilities in New Digital Pound Lab
Bank of England announces the launch of the Digital Pound Lab to explore practical applications and technical designs for its ...
China central bank governor Pan meets BOE's Bailey in Beijing
People's Bank of China Governor Pan Gongsheng met his Bank of England counterpart, Andrew Bailey, on Saturday in Beijing and ...
Bank of England Monitoring Gilt Market, But Sees Moves as Orderly, Says Breeden
The Bank of England is keeping a close eye on price moves in the market for U.K. government bonds, but they have so far been ...
Firms to pass on tax hikes through lower wages in long run, Bank executive says
Sarah Breeden, the Bank’s deputy governor for financial stability, also said firms might respond to the tax rises by cutting ...
UK homebuilder Persimmon sees 2024 profit at top end of market view
British housebuilder Persimmon forecast its 2024 underlying pre-tax profit to be around the upper end of market view on ...
Bank of England interest rates fears as new forecasts issued
As a result, there has been pressure on the Bank of England to push ahead with cut in interest rates to promote spending and growth. This pressure has been countered by concerns about rising inflation ...
UK inflation falls slightly to 2.5% after two months of rises
Inflation fell unexpectedly to 2.5% in December, the Office for National Statistics said, after economists expected the rate ...