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Finance & Economics

Bank of England Warns of Zero Growth in British Economy Until 2025

The Bank of England has warned that the economy of the United Kingdom is highly likely to continue to show zero growth until 2025 against the background of high-interest rates or even a continued increase in this indicator.

Finance & Economics

Bank of England Official Says Technology Increases Risk of Bankruptcy

The use of technology in the banking sector increases the risk of bankruptcy of financial institutions, which is why regulators should take measures to ensure that maintain adequate liquidity insurance by lenders.

Finance & Economics

Bank of England Postpones Implementation of New Banking Reforms for Summer 2025

The Central Bank of England has changed the timing of the implementation of the banking sector reform process, postponing the start of relevant activities to the summer of 2025.

News

British Finance Sector Reportedly Seeks to Delay on New Capital Requirements

The media reports that the central bank of England is currently under pressure, the purpose of which is to postpone the date of entry into force of the new capital requirements.

News

Bank of England Raises Interest Rates

The Bank of England on Thursday, August 3, announced an increase in interest rates.

News

UK Reportedly to Make Overseas Banks Replace Branches With Subsidiaries

The media reported that the Central bank of Great Britain is currently studying the possibility of introducing new restrictive measures against international financial institutions that operate in this country.

News

BIS and Bank of England Complete CBDC Project

The pilot project of using the central bank’s digital currency (CBDC), in which the Bank of England (BoE) and the Bank for International Settlements (BIS) participated, has been completed.

News

Bank of England Finds New Use Cases for DLT in Synchronised Settlement

The Bank of England and the Bank for International Settlements announced the successful completion of a pilot project based on DLT.

Finance & Economics

Bank of England Says Stablecoin Use Need Limits

The Deputy Governor of the Bank of England, John Cunliffe, admitted that, with a high degree of probability, regulators will be forced to introduce restrictive measures regarding the possibility of using stablecoins to perform payment financial operations.

News

Bank of England Builds Its CBDC Team

The media reported that the central bank of England has begun to recruit a team of employees who will deal with the digital currency of this financial institution.

Finance & Economics

BoE Plans to Change SMB Lending

Bank of England has revealed its plans to change the capital treatment for small business (SMB) lending, calling for a more risk-based approach

News

Bank of England Launches CBDC Project

Bank of England launches design phase of its ‘digital pound’ project.

Finance & Economics

UK Inflation Falls for Second Consecutive Month

In the UK, a decrease in the inflation rate has been recorded for the second month in a row.

Finance & Economics

Top 10 banks that are investing in blockchain

Let’s find out what financial institutions are investing in the blосkсhаіn technology more than others