Bank of England

The Bank of England (BoE) is the UK's central bank. Our mission is to deliver monetary and financial stability for the people of the United Kingdom.

(source: bankofengland.co.uk)

UK Central Bank Warns Lenders of ‘Prolonged’ Period of Stress
UK Central Bank Warns Lenders of ‘Prolonged’ Period of Stress
January 11, 2023  |  Debt

The Bank of England said financial institutions should expect more scrutiny of their credit portfolios. “The operating environment for firms remains challenging,” the central bank...

READ MORE >
BoE Says Blockchain Not Yet Critical to Financial System
BoE Says Blockchain Not Yet Critical to Financial System
December 22, 2022  |  Blockchain

The BoE has said blockchain technology isn’t yet a critical infrastructure in the financial system. But it holds open the possibility that some blockchains may...

READ MORE >
SMBs Suffer as Cost of UK Business Loans Increases
SMBs Suffer as Cost of UK Business Loans Increases
December 20, 2022  |  SMBs

U.K. SMBs are feeling the pinch as business loan costs have increased to 4.7%. As British banks react to a difficult macroeconomic environment, the cost...

READ MORE >
International Money Transfer Firm Wise Launches New Savings Product
International Money Transfer Firm Wise Launches New Savings Product
December 15, 2022  |  emea

International money transfer company Wise has launched a new savings product. Launched in the U.K. on Thursday (Dec. 15), the new “Interest” product lets Wise...

READ MORE >
Bank of England Outlines New UK Access to Cash Regime
Bank of England Outlines New UK Access to Cash Regime
December 14, 2022  |  Bank Regulation

The Bank of England has outlined plans to ensure cash remains available in the U.K. In anticipation of its expanded remit to protect access to...

READ MORE >
Bank of England Will Stress Test Financial Markets
Bank of England Will Stress Test Financial Markets
December 13, 2022  |  emea

England’s central bank is planning on gauging the resiliency of non-bank financial markets. As one of its most important protective functions, the Bank of England...

READ MORE >
UK Aims to Boost International Competitiveness of Financial Services Sector 
UK Aims to Boost International Competitiveness of Financial Services Sector 
December 09, 2022  |  Bank Regulation

The British government plans to amend the law to make financial services more competitive. In a Thursday (Dec. 8) letter addressed to Bank of England...

READ MORE >
UK Cash Supply Threatened in Lead-Up to Holiday Season
UK Cash Supply Threatened in Lead-Up to Holiday Season
December 02, 2022  |  Cash

G4S is one of the most important players in the U.K.’s cash ecosystem. Its subsidiary, G4S Cash Solutions, is one of only four companies that...

READ MORE >
BoE Exec: Regulate Crypto Before It’s Too Late
BoE Exec: Regulate Crypto Before It’s Too Late
November 21, 2022  |  Cryptocurrency

Anyone seeking evidence that the cryptocurrency world needs regulation should look to the fall of the FTX exchange, Bank of England Deputy Governor Jon Cunliffe...

READ MORE >