Bank of England

Digital currencies failing as money, but technology has promise-Carney

Mark Carney, Bank of England governor said Friday that cryptocurrencies such as Bitcoin are failing as a form of money and…

Bitcoin, others price drop as British politicians discuss cryptocurrency laws

The price of Bitcoin and all the other major cryptocurrencies is on the slide Thursday following a brief recovery earlier…

BoE keeps rate at 0.5%, warns rate hike sooner than expected

The Bank of England voted unanimously to keep the Bank Rate at 0.5 percent on February 8th as widely expected,…

Uncertainty over Brexit vote hurting UK economy, says IMF

The International Monetary Fund says that Britain’s vote to leave the EU is already damaging the UK despite a strong…

UK public becoming more pessimistic over Brexit’s economic impact, Bank of England reveals

A major new survey for the Bank of England has found that the British public has become more pessimistic about…

Bank of England warns on growing threat from fintechs, releases banks’ stress testing results

The Bank of England (BoE) Tuesday published the results of its stress test on banks, which showed that all major…

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