When choosing a new face for a note, a Banknote Character Advisory Committee will pick a field where it wants the nominees to ...

About £6.6bn in old banknotes has not been cashed in across the UK, even though the paper £20 and £50 stopped being legal ...

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

As the Bank prepares to introduce King Charles’ portrait on the new series, it highlights how banknotes have changed over the years – in terms of size, shape, value and what they are made. However, ...

The pound fell sharply Thursday after Bank of England Governor Andrew Bailey said the central bank could be more aggressive in cutting borrowing costs if inflation remained benign.

Bank of England Redesigned Banknotes refers to photoshops and edits inspired by the news that the Bank of England is set to ...

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 ...

King Charles will now feature on the five, 10, 20 and 50 pound notes. (Supplied: Bank of England ) The Queen first appeared on BoE banknotes in 1960. However British coins have long featured ...

The published design note identifies the key components the Bank and HM Treasury will explore in developing the blueprint. The blueprint is one of four workstreams in the digital pound design phase.

The Bank of England has begun a consultation on the introduction of its own digital pound as it seeks to gain a foothold in the unwieldy world of cryptocurrencies and stablecoins.

The Bank of England, Britain’s central Bank, is pictured in London on Dec. 19, 2024. The central bank put a dovish twist to an expected rate cut, sending the British pound and bond yields lower.