Bank of England

284 results about this entity

Period: 02 Nov 2005 - 15 Nov 2024

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Bank of England raises T2S concerns

Bank of England raises T2S concerns

The Bank of England has raised serious doubts over whether it will join the European Central Bank's Target2-Securities (TS2) integrated settlement system.

Barclays blames technical glitch for £1.6bn emergency loan

Barclays blames technical glitch for £1.6bn emergency loan

UK bank Barclays says it was forced to borrow £1.6bn from the Bank of England after a technical problem with its link to the Crest settlement system left it unable to borrow in the inter-bank market to cover a short position in its accounts.

Apacs says cashless society as likely as paperless office

Apacs says cashless society as likely as paperless office

Figures on the use of cash in the UK, released by the payments association Apacs to coincide with the launch of a new £20 note, show that Britons show no signs of abandoning cash any time soon. This is despite predictions from Visa of a cashless society by 2012.

UK bird flu tests expose contingency planning weaknesses

UK bird flu tests expose contingency planning weaknesses

UK banks are being forced to re-evaluate contingency strategies to ensure businesses remain open in the event of a bird flu epidemic after a planning exercise organised by UK regulators found that increased staff absences could lead to branch closures and empty cash machines.

City to test bird flu contingency planning

City to test bird flu contingency planning

London's financial district is to conduct a market-wide business continuity test to assess firms' readiness for dealing with an avian flu pandemic.

FSA urges firms to improve disaster recovery planning

FSA urges firms to improve disaster recovery planning

The UK's largest financial insitutions have "highly resilient" IT systems that could recover critical functions quickly after a terrorist attack or natural disaster, but firms could still be at risk because too many back-up sites are located in London, says the Financial Services Authority.

UK's financial sector conducts disaster recovery drill

UK's financial sector conducts disaster recovery drill

Britain's financial sector is conducting a market-wide business continuity test today that will assess firms' readiness for dealing with a major crisis such as a natural disaster or a terrorist attack.

City financial firms given priority access to telephone network

City financial firms given priority access to telephone network

Large financial firms in the City of London are to be given access to priority telephone networks following the terrorist bombings on 7 July.

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