England

The Bank of England and the U.K. Treasury are cautiously advancing the exploration of a digital pound, focusing on research and legislative groundwork without a firm commitment to launch. The Bank of England (BoE) and the U.K. Treasury, in…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A decades-long decline in smoking in England has slowed significantly since the pandemic, according to a new study…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Senior judges have warned the judiciary in England and Wales to restrict their use of artificial intelligence in…

The Bank of England will examine the financial stability risks posed by artificial intelligence in an effort to keep regulators’ eyes open to the technology’s threats. Andrew Bailey said policymakers were “learning at speed” about the…

UK recruiters have warned the Bank of England of a dip in permanent hiring across UK businesses as organisations grapple with ongoing economic turbulence, according to a new report. KPMG and the Recruitment and Employment Confederation…

The Bank of England’s financial stability report highlights the potential risks and increasing interest in asset tokenization within the financial sector, underscoring the need for global regulatory coordination. The report notes an…

© Reuters. A general view shows the Bank of England in London, Britain, September 21, 2023. REUTERS/Peter Nicholls/File Photo LONDON, Dec 6 (Reuters) - British businesses and households are coping so far with higher interest rates but…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The Bank of England’s internal culture, governance and appointments processes need significant reform after it and…

© Reuters. The euro fell sharply against the British pound on Tuesday, trading near a low of 0.8700 after officials from the Bank of England delivered hawkish remarks during a UK Parliament testimony. The central bank's unified…

The Bank of England has held interest rates for the second meeting in a row, but signalled that they will stay high for an “extended period of time”. Members on the nine-strong monetary policy committee (MPC) today voted 6-3 in favour…