UK is ‘likely’ to need digital currency, says BoE and Treasury: Report By Cointelegraph
[ad_1] The Bank of England (BoE) and His Majesty’s Treasury believe the United Kingdom is likely to need to create a central bank digital currency...
UK is ‘likely’ to need digital currency, says BoE and Treasury: Report By Cointelegraph
[ad_1] The Bank of England (BoE) and Treasury believes the United Kingdom is likely to need to create a central bank digital currency (CBDC) by...
CBDCs not worth the costs and risks, says former BoE advisor By Cointelegraph
[ad_1] Central banks worldwide are pushing forward with digital asset projects despite the various crypto industry implosions over the past 12 months. China has rolled...
‘The worst is yet to come’: the curse of high inflation
Dec 8 (Reuters) – Globally, people are experiencing inflation at levels not seen for decades as prices surge for essentials like food, heating, transport and...
Storm clouds gather over the pound as focus turns back to dire economy
LONDON, Nov 2 (Reuters) – The pound has just staged its biggest monthly rally in a year after shaking off weeks of British political turmoil,...
Global economy approaching a recession, central banks unchained: Reuters poll
BENGALURU, Oct 26 (Reuters) – The global economy is approaching a recession as economists polled by Reuters once again cut growth forecasts for key economies...
Soaring food prices push UK inflation back to 40-year high
UK inflation hits 10.1% in September, matching 40-year high Food prices rise by most since 1980 Pounds slips on data, BoE under pressure to raise...
BoE policy talk: DeFi had better implement good governance before it’s too late By Cointelegraph
[ad_1] BoE policy talk: DeFi had better implement good governance before it’s too late The lack of regulation and good governance in the crypto sector...
Bank of England’s Bailey tells pension funds they have 3 days to rebalance
WASHINGTON, Oct 11 (Reuters) – Bank of England Governor Andrew Bailey told pension fund managers to finish rebalancing their positions by Friday when the British...
BoE doubles potential bond buy-backs as emergency plan nears end
LONDON, Oct 10 (Reuters) – The Bank of England sought to ease concerns about this week’s expiry of its programme designed to calm turmoil in...