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

Bank Of England Ups Monzo’s Capital Requirements
Bank Of England Ups Monzo’s Capital Requirements
August 06, 2020  |  Digital-First Banking

Monzo Bank Ltd,  the London-based online bank, must now have a capital worth of 13.6 percent of its risk-weighted assets to guard against potential losses....

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Bank Of England To Revamp Payments, Eyes Digital Currency
Bank Of England To Revamp Payments, Eyes Digital Currency
July 30, 2020  |  Digital-First Banking

The Bank of England (BoE) is pushing ahead with an overhaul of a key part of the United Kingdom’s financial payments infrastructure. The U.K.’s central...

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Government Entities Deepen Blockchain Payments Exploration
Government Entities Deepen Blockchain Payments Exploration
July 15, 2020  |  B2B Payments

Digital currencies continue to make their way into the mainstream, with government entities elevating their exploration of the technology. This week’s look at payment rails...

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Bank Of England Chief Sees Bank-Backed Digital Currency On Horizon
Bank Of England Chief Sees Bank-Backed Digital Currency On Horizon
July 13, 2020  |  Cryptocurrency

The Bank of England (BoE) continues to send bullish signals about the potential for bank-backed digital currency, but anyone hoping for a quick launch is...

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Bitcoin Daily: Tesla Tests Blockchain To Speed Up Trucking Shipments in Shanghai; Bank Of England May Team With Companies On Digital Currency
Bitcoin Daily: Tesla Tests Blockchain To Speed Up Trucking Shipments in Shanghai; Bank Of England...
April 07, 2020  |  Bitcoin

Shipping technology company CargoSmart Limited led an experimental blockchain project for the release of cargo with the Shanghai International Port Group (SIPG), Tesla and China...

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Coronavirus Update: Google Fully Calls Off I/O; AWS Rolls Out COVID-19 Diagnostic Initiative
Coronavirus Update: Google Fully Calls Off I/O; AWS Rolls Out COVID-19 Diagnostic Initiative
March 20, 2020  |  Coronavirus

Businesses and governments are adapting their operations, as well as rolling out initiatives, amid COVID-19. Here are the latest updates on the coronavirus from multiple...

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Most UK Retailers Too Small To Get Bailout Loans, Group Says
Most UK Retailers Too Small To Get Bailout Loans, Group Says
March 19, 2020  |  Loans

The Bank of England (BoE) is excluding many businesses from its short-term loans for coronavirus-related relief, critics say, by including restrictions based on credit ratings...

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BoE Cuts Interest Rate, Launches SMB Incentives To Cope With Coronavirus Impact
BoE Cuts Interest Rate, Launches SMB Incentives To Cope With Coronavirus Impact
March 11, 2020  |  Coronavirus

In an emergency move designed to stem the economic impact of the coronavirus, the Bank of England on Wednesday (March 11) cut the country’s interest...

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BoE Boss Stresses Reverse Factoring Amid Coronavirus
BoE Boss Stresses Reverse Factoring Amid Coronavirus
March 05, 2020  |  B2B Payments

The incoming Bank of England (BoE) Governor Andrew Bailey said that small and medium-sized businesses (SMBs) might need loans from Threadneedle Street and the government...

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