The Bank of England is rethinking its digital pound project, following a global trend where central banks quietly drop their ...

The Bank of England is reconsidering its plans for a digital pound CBDC, and now seems to be favoring private sector innovation.

The British pound hit a fresh 31-year low in early trading Friday in Asia suddenly plunging more than 6% to near $1.18 as Brexit ... The pound hasn't hit these levels since a currency crash in 1985.

The British currency has taken a plunge, sliding against the U.S. dollar to touch an all-time low. The currency chaos is playing out against the dollar’s rally.

The pound headed for its longest slide in a decade as traders looked ahead to key labor market data that could bolster the case for interest-rate cuts.

The British pound plummeted the most in nearly seven years after Britain's popular and well-known mayor said he would campaign for the United Kingdom to withdraw from the European Union.

The pound is doing worse so far this year than any other major currency. Argentina's peso is down 11.7% so far this year against the dollar. Argentina has been in deep economic crisis for years.