The former Bank of England boss, Mark Carney, is now running for the Liberal leadership in his native Canada. What does his time in London tell us? Mark Carney was the first non-British person to become governor of the Bank of England in its more than 300-year history when he took the job in 2013.
No decision will be made for at least a couple of years on whether Britain will go ahead with a central bank digital currency for the general public, the Bank of England said on Tuesday, pushing back the timeline for the project.
The Bank of England (BoE) policymaker Alan Taylor said on Wednesday that the BoE should move quickly to cut interest rates “pre-emptively” as the UK is “in the last half mile on inflation.”
Newest policy-committee member recommends taking out ‘a little insurance’ amid signs of weakening demand in a fragile economy.
These are among the startling statistics revealed by the nation's central bank, which also showed that just under £10 million of notes were exchanged.
A digital pound remains in its exploratory phase, with final decisions contingent on parliamentary approval and extensive public consultations.
The Bank of England launches the Digital Pound Lab, exploring a CBDC to complement cash and foster innovation in the UK payments ecosystem.
The Bank of England (the “Bank”) has published a Consultation Paper proposing a set of Fundamental Rules for UK financial market
In November 2024, the Bank of England published an Approach Document setting out its approach to the supervision of financial market
People's Bank of China Governor Pan Gongsheng met his Bank of England counterpart, Andrew Bailey, on Saturday in Beijing and discussed topics including financial stability and cooperation, China's central bank said on Sunday.
Bank of Japan Governor Kazuo Ueda will size up the need to raise interest rates on Friday amid heightened expectations of a hike — and barring a market shock triggered by Donald Trump’s first few days in the White House.