Tight Credit Market Hits Consumers in UK
According to data from peer-to-peer lending platform Plend, the number of people who feel excluded from the UK’s financial services ...
Tag: Bank of England
Learn how the Bank of England influences the UK’s payments and banking sectors, shaping monetary policy, regulating financial institutions, and ensuring economic stability.
UK Starts Planning to Regulate Stablecoins
In a sign of potential cryptocurrency regulation, the British Treasury is beginning planning on a proposal to regulate stablecoins following ...
Road to Comprehensive Crypto Regulatory Framework
The crypto and blockchain industries are evolving at a rapid pace, with the combined market capitalization of digital assets surging ...
Central Banks in England and Singapore Explore Digital Currency
The latest release on CBDCs appears at the International Investment site and speaks to unrelated efforts by Bank of England ...
Losing Pounds In London: Payment Card Usage Overrides Cash
It always feels nice to have a pocket full of British currency in my wallet. It is more majestic than ...
Bank of England Bucks the Trend – Offers Accounts to Non-Banks and Welcomes Libra (With Regulatory Caveats)
The BBC reports that Mark Carney, the Governor of the Bank of England and Chair of the Monetary Policy Committee, ...
Bank of England Will Monitor AI Performance
The executive director for UK deposit-taking supervision executed a surveyed more than 200 banks, insurers and financial market infrastructure firms ...
Bank of England’s Warning on 0% Credit Card Deals Signals Growing Concern over the Resilience of Lenders’ Portfolios, Says Globaldata
Following the Bank of England’s recent letter warning about the growing risks attached to the provision of 0% credit card ...
Who Is to Blame for Skyrocketing Consumer Credit Debt?
Consumer debt refers to the debt that an individual incurs when they borrow money to purchase goods or services. This ...
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