At the same time, the Bank has published the first of series of design notes which set out emerging thinking on specific topics related to a digital pound. The published design note identifies the ...

The Bank of England and HM Treasury are ... is said to summarise progress on a digital pound over the past year. The Bank states: “Providing banknotes as a universally accessible form of retail ...

In the 17th century, when the monetary system was in turmoil due to the Civil War, many tradesmen made their own money, known as tokens. In the Basingstoke area some 13 tokens of different designs ...

The Bank of England put a dovish twist to an expected rate cut, sending the British pound and bond yields lower. The central ...

The Bank of England cut its base rate to 4.5% amid easing inflation but flagged lingering risks. GDP growth remains weak, and ...

In an advisory notice sent out to insurance companies last week the Bank of England said it was concerned ... large deals - involving billions of pounds of savers' retirement money - the insurance ...

Britain's government has said a digital pound would be private but not anonymous, unlike physical cash. As with existing bank accounts and credit card payments, authorities would be able to track ...

The Bank of England (BoE) on Tuesday announced that a decision on whether to implement a digital pound will not be made until 2027. In a recent update on its exploration of the concept ...