The Latest Breaking News from Bank of England

Dubbed by some as ‘Britcoin’ the planned digital pound would not in fact be a cryptocurrency but could become a new way of paying

He says stable inflation is vital so that money holds its value and people and businesses are able to plan for the future.

The Bank of England said the "digital pound" would not be "volatile" like cryptocurrencies because it would come from a legislated organisation rather than a private sector

Even if you have a significant deposit saved up, you might not secure a mortgage.

It comes after the Bank of England raised interest rates to 4 percent last week

Britons will be able to fix monthly home loan costs at level below Bank of England base rate

MORTGAGE brokers say the market for home loans is roaring back, with cheaper loans coming on every day.

Why is the Bank of England designing its own digital currency? Judging by the little they appear to be investing in what is being dubbed Britcoin, one of the more compelling reasons is that the Bank fears big tech and digital currencies could be behind the next financial meltdown —…

Dame Alison Rose, the head of NatWest, tells MPs her bank is preventing customers from investing in crypto assets, as part of a crackdown on fraud.

State-backed digital pound could be launched later this decade as move towards new central bank currency

It is likely some pension scheme trustees were not aware of the potential implications of their LDI strategies, a House of Lords Committee said.