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 Big 4 Beef Up Loan-Loss Reserves as Calls for Windfall Tax Intensify
UK Big 4 Beef Up Loan-Loss Reserves as Calls for Windfall Tax Intensify
November 01, 2022  |  Banking

Due to interest rate hikes by the Bank of England (BoE) this year, all four of the largest U.K. banks — HSBC, Barclays, NatWest and...

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EMEA Daily: Amazon Ramps Up Lawsuits Against Fake Review Sites
EMEA Daily: Amazon Ramps Up Lawsuits Against Fake Review Sites
October 20, 2022  |  emea

Today in Europe, the Middle East and Africa news, U.K. bank NatWest announced a new partnership with Vodeno to establish a Banking-as-a-Service business, and Amazon...

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BoE Official: ‘Serious Deficiencies’ in Crypto Governance
BoE Official: ‘Serious Deficiencies’ in Crypto Governance
October 20, 2022  |  Cryptocurrency

Speaking to an audience at the University College London (UCL) Centre for Blockchain Technologies Wednesday (Oct. 19), Carolyn Wilkins of the Bank of England’s (BoE)...

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Pound Rebounds on New UK Chancellor’s First Day but Import-Export Challenges Remain
Pound Rebounds on New UK Chancellor’s First Day but Import-Export Challenges Remain
October 17, 2022  |  emea

Last month, when then-Chancellor of the Exchequer Kwasi Kwarteng announced sweeping tax cuts in the U.K., the currency markets reacted with swift retribution for what...

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Use of Paper Banknotes in UK Ends Sept. 30
Use of Paper Banknotes in UK Ends Sept. 30
September 23, 2022  |  Cash

Sept. 30 marks the end of an era for British money as the Bank of England (BoE) will be withdrawing the legal tender status of...

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Queen’s Death: Future of Banknotes, Coins Depicting Era-Defining UK Monarch
Queen’s Death: Future of Banknotes, Coins Depicting Era-Defining UK Monarch
September 18, 2022  |  Cash

During the 70-year reign of Queen Elizabeth II, the currency that bears her face has ridden the ups and downs of the British economy, its...

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EMEA Daily: BoE Could See Shakeup as New UK Chancellor Seeks to Control Inflation
EMEA Daily: BoE Could See Shakeup as New UK Chancellor Seeks to Control Inflation
September 07, 2022  |  International

Today in Europe, the Middle East and Africa (EMEA) news, the United Kingdom’s new chancellor spent his first full day in office meeting leaders from...

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Potential BoE Shakeup in the Cards as New UK Chancellor Seeks to Control Inflation
Potential BoE Shakeup in the Cards as New UK Chancellor Seeks to Control Inflation
September 07, 2022  |  Politics

The day after being appointed as the U.K.’s new Chancellor of the Exchequer (the minister responsible for economic and financial matters), Kwasi Kwarteng met with...

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BoE Calls for Oversight in Metaverse Crypto Use
BoE Calls for Oversight in Metaverse Crypto Use
August 09, 2022  |  Cryptocurrency

The Bank of England (BoE) is warning that “robust consumer protection” would be needed if cryptocurrencies achieved widespread use inside the metaverse. BoE researchers Owen...

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