The former Bank of England boss, Mark Carney, is now running for the Liberal leadership in his native Canada. What does his time in London tell us? Mark Carney was the first non-British person to become governor of the Bank of England in its more than 300-year history when he took the job in 2013.

No decision will be made for at least a couple of years on whether Britain will go ahead with a central bank digital currency for the general public, the Bank of England said on Tuesday, pushing back the timeline for the project.

Mark Carney, the first non-Brit to run the Bank of England since it was founded in 1694 and the former head of Canada’s central bank, says he is entering the race to be Canada’s next prime minister fo

Newest policy-committee member recommends taking out ‘a little insurance’ amid signs of weakening demand in a fragile economy.

The disappointing retail data adds to the dim economic picture in the U.K. and to the challenges facing Finance Minister Rachel Reeves.

The Bank of England (BoE) policymaker Alan Taylor said on Wednesday that the BoE should move quickly to cut interest rates “pre-emptively” as the UK is “in the last half mile on inflation.”

The Bank of England will cut interest rates four times this year to support a flat-lining economy, economists polled by Reuters said, but they added that risks to inflation are to the upside, suggesting policymakers may end up doing less.

A digital pound remains in its exploratory phase, with final decisions contingent on parliamentary approval and extensive public consultations.

The Bank of England (the “Bank”) has published a Consultation Paper proposing a set of Fundamental Rules for UK financial market

In November 2024, the Bank of England published an Approach Document setting out its approach to the supervision of financial market

Bank of Japan Governor Kazuo Ueda will size up the need to raise interest rates on Friday amid heightened expectations of a hike — and barring a market shock triggered by Donald Trump’s first few days in the White House.

The Bank of England has published a Blueprint framework describing the way in which a digital version of the British pound could be implemented. Plans to launch a Digital Pound Lab this year have also been announced by the UK’s central bank.