Tag: Andrew bailey
BofE Governor says UK must ‘welcome opportunities’ to rebuild EU relations
Four years after the UK officially exited the European Union (EU), the Governor of the Bank of England (BofE), Andrew Bailey, has emphasised the...
Charles III notes enter circulation but is Cash still King?
Banknotes bearing the likeness of King Charles III enter circulation across the UK today (5 June) as the country continues to go through a...
BoE outlines FMI expectations ahead of 2025 policy
Sasha Mills, Executive Director of Financial Market Infrastructure (FMI) at the Bank of England (BoE) has discussed the expectations for FMIs ahead of BoE’s...
BofE works towards “data heaven” in seven step plan
The Bank of England has published a seven-step plan explaining how it is changing its data and analytics strategy as it works towards “data...
UK fintech urges MPs to seize the AI opportunity
British MPs have been urged to recognise the ‘game-changing’ benefits artificial intelligence (AI) can bring to the country’s finance sectors by a group of...
BofE interest rates highlights importance of payments innovation
The Bank of England took the decision this week to hold interest rates at 5.25%, meaning UK inflation will remain high and both businesses...
Bank of England provides guidance on UK tender
As the UK mourns the passing of Queen Elizabeth II, the Bank of England (BoE) has issued guidance on banknotes and coins in the...
Bank of England calls for tougher crypto restrictions
The Bank of England has called for more stringent restrictions on cryptocurrencies due to the market’s ‘extreme volatility’.The same sentiment was expressed by its...
BoE tracks UK economy on better forecasts but remains coy on...
The Bank of England has published its latest indicators and forecasts for the UK economy, stating that COVID-19 impacts may be ‘less severe than...
Andrew Bailey set to become new governor of the Bank of...
Chancellor Sajid Javid has announced that Andrew Bailey will become the new governor of the Bank of England starting from 16 March 2020. Current governor,...
