Bank of England officials are mulling whether to set aside plans to create a digital pound for households amid growing skepticism about the project’s benefits, the latest sign of dwindling support for ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The BofE has been privately urging the banking industry to ...

The Bank of England has signaled a more pragmatic approach to stablecoin regulation as Deputy Governor Sarah Breeden outlined a vision for a “multi-money” payments system where digital tokens, ...

Britain’s central bank is reportedly considering axing its central bank digital currency (CBDC) plans over concerns that it may not be beneficial to the bank or financial system. The Bank of England ...

The Bank of England cut interest rates on Thursday in a move likely to bring relief to borrowers, businesses and hard-pressed consumers across the country. The central bank reduced its key interest ...

Good afternoon, and welcome to our live coverage of tomorrow’s decision from the Bank of England’s Monetary Policy Committee (MPC) on UK interest rates. Experts overwhelmingly expect the MPC to keep ...

LONDON, April 21 -- The Bank of England, aiming to deal with the crippling impact of the U.S. subprime mortgage crisis, announced on Monday a $100 billion plan to allow banks to swap mortgage-backed ...

Bank of England Gov. Andrew Bailey must be thankful he’s not in Jerome Powell’s shoes. The Federal Reserve Chair has been regularly lambasted by U.S. President Donald Trump as “Too Slow Powell” for ...