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The Bank of England cut its base rate to 4.5% amid easing inflation but flagged lingering risks. GDP growth remains weak, and potential US tariffs add uncertainty. The pound fell, while the FTSE ...
The Bank of England (BoE) has unveiled its first banknotes featuring King Charles III, which will enter into circulation from the middle of 2024.
The Bank of England is to launch a Digital Pound Lab as it sets out its blueprint for the design phase of a future Britcoin.
The Bank of England and HM Treasury are in the design phase for the creation of a digital pound or central bank digital currency.
The Bank of England and HM Treasury are consulting on the model for a UK retail central bank digital currency (CBDC) or ‘digital pound’ that would sit alongside, not replace, cash.
The Bank of England unveiled its first bank notes featuring King Charles today, which will enter into circulation from the middle of 2024 to gradually replace those featuring his mother Queen ...
U.K. 50 pound note featuring Queen Elizabeth. (Bank of England) The governor of the Bank of England, Andrew Bailey, also released a statement noting his profound sadness" at the queen's passing.
Notes with Queen Elizabeth II's portrait will remain legal tender even as the Bank of England releases notes featuring the face of the new king.
The Bank of England has warned that the deadline to use 'old style' paper £20 and £50 notes is just four weeks away. Britons have until Friday, 30 September 2022, to spend the paper versions of the ...
The British pound tumbled on Thursday after the Bank of England issued a super-sized rate hike and warned that the UK would see a recession for all of next year and the first half of 2024.
Pound (GBPUSD=X, GBPEUR=X) The pound was little changed against the dollar ahead of the Bank of England ’s (BoE) interest rate decision, trading at $1.3418.
First pound notes featuring King Charles unveiled by Bank of England Charles is only the second British monarch to feature on the paper currency first issued in the 17th century Expand ...