The Bank of England and HM Treasury are in the design phase for the creation of a digital pound or central bank digital ...

Last year the total value of replaced bank notes stood at £13,644,117 - which was up 46 per cent on 2023 and the highest ...

No decision will be made for at least a couple of years on whether Britain will go ahead with a central bank digital currency ...

The Bank of England should move quickly to bring down interest rates given signs of a slowdown in Britain's economy, Alan ...

These are among the startling statistics revealed by the nation's central bank, which also showed that just under £10 million ...

The Bank of England must stand ready to cut interest rates up to six times this year to boost Britain’s flagging economy, ...

In an advisory notice sent out to insurance companies last week the Bank of England said it was concerned ... Policy Committee have expressed that the current growth in funded reinsurance ...

The rate is still well above the Bank of England’s target of 2% but could open the door to another interest rate cut next ...

The pound rose against the dollar, and the sterling’s positive reaction to the lower-than-expected U.K. inflation data shows that it’s acting like an emerging market currency, more sensitive to ...

LONDON (Reuters) - Investors who had been enjoying a brief rebound in long-suffering UK markets are hunkering down for a ...

Trump Inauguration – 19/01 - a lot of the recent turmoil in markets since the start of the year appears to be being blamed on ...