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Category Bank of England

MainNewsBank of England
Bank of England explores Ripple’s inter-ledger protocol for synchronized RTGS payments

Bank of England explores Ripple’s inter-ledger protocol for synchronized RTGS payments

Bank of England was able to effectively conduct a Proof of Concept (PoC) exercise in collaboration with Ripple.
Mar, 11, 2025
3 min read
by CryptoPolitan
Ex-Bank of England Economist Says Digital Pound is a ‘White Elephant,ʼ Costly and Useless

Ex-Bank of England Economist Says Digital Pound is a ‘White Elephant,ʼ Costly and Useless

The Bank of England's digital pound project faces criticism from former economist Neil Record, who labels it a costly "white elephant" lacking publ...
Mar, 03, 2025
4 min read
by Cryptonews
Bank of England deputy governor warns of increased inflation risks

Bank of England deputy governor warns of increased inflation risks

Dave Ramsden, the Bank of England deputy governor, said the United Kingdom’s inflation risks had increased in the past few months. The policymaker ...
Feb, 28, 2025
3 min read
by CryptoPolitan
Pound sterling GBP outperforms the euro and the dollar amid stronger economic data

Pound sterling GBP outperforms the euro and the dollar amid stronger economic data

The Great British Pound has outperformed other leading currencies in February amid positive economic data. The currency rallied by 1.8% against the...
Feb, 28, 2025
3 min read
by CryptoPolitan
UK interest rates cut to 4.5% from 4.75%, their lowest for more than 18 months

UK interest rates cut to 4.5% from 4.75%, their lowest for more than 18 months

BoE has cut rates from 4.75% to 4.5%. The decision, taken by the Bank’s Monetary Policy Committee (MPC), comes as the UK economy faces sluggish gro...
Feb, 06, 2025
2 min read
by CryptoPolitan