Bank of England

286 results about this entity

Period: 02 Nov 2005 - 22 Nov 2024

Distributed ledger tech could see Brits get Bank of England accounts - deputy governor

A senior Bank of England official has floated the idea of using distributed ledger technology to enable individuals to hold digital currency accounts with the central bank, but has warned that such a move could prove damaging to commercial providers.

Bank of England to develop blueprint for overhaul of UK payments system

The Bank of England is developing a blueprint to modernise the UK's 20-year old real-time gross settlement system to deal with changing payment habits and the emergence of distributed ledger technology.

Bank of England's Andrew Bailey appointed new head of FCA

HM Treasury have today announced the appointment of Andrew Bailey as the new permanent Chief Executive of the Financial Conduct Authority (FCA).

Mobile-first Tandem gets UK banking license

Tandem, a digital banking startup led by Azimo founder Ricky Knox and Capital One's Matt Cooper, has secured a license from the BofE, paving the way for it to join the scrum of challengers taking on Britain's high street lenders.

BofE launches blockchain challenge to find interns

The Bank of England is challenging students to come up with ideas for using blockchain technology to make a "positive difference to society," dangling the carrot of paid internships to those delivering the best pitches.

Osborne pushes London's fintech credentials

The UK's Chancellor of the Exchequer, George Osborne, has vowed to help make London the world's fintech capital, promising to oversee a regulatory environment that encourages innovation in areas such as mobile payments and bitcoin.

Bank of England publishes ring-fencing rules

The Bank of England has today published two consultation papers: one on ring-fencing and one on operational continuity.

BofE's Haldane suggests ditching cash for cryptocurrency

The Bank of England's chief economist has floated the prospect of abolishing paper cash and replacing it with a state-backed digital currency as a way of facilitating negative interest rates.

Bank of England stocks the cash vault as demand continues to grow

Demand for cash is unlikely to be severely dented by the growing availability of alternative forms of payment over the coming years, declares the Bank of England in its quarterly bulletin, noting that half of all UK banknotes are active in the black market or held overseas.

UK's £20 banknote to go plastic

The UK's next £20 note will be printed on polymer in a move to make the paper currency more secure and durable.

Bank of England Twitter test scores home run

An American football match in September led to some heart-stopping moments for a Bank of England team tasked with monitoring Twitter for sentiment about a potential bank run in the build up to the Scottish independence referendum.

Bank of England plans new sterling money market data collection

The Bank of England has today published a consultation document setting out in detail plans first announced in March 2015 for a new sterling money market data collection. The consultation also sets out, at a high level, how the Bank plans to use these data to reform the Sterling Overnight Index Average (SONIA) benchmark interest rate.