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CBDC

  • Beware BritCard. Digital ID will turn Britain into a papers, please society

    Opinion

    Britain has a long history of rejecting mandatory identification. Digital ID BritCard must be no different, writes Rebecca Vincent.

    BritCard: the proposed UK digital idea (Image: Labour Together)
  • Digital pound: Bank of England supports Britcoin to boost innovation

    Economics

    Speaking at 39th Annual International Banking Seminar in Washington, Andrew Bailey said that there was a "strong need" to modernise payments practices in areas like cross-border transfers.

    The intervention comes as permanent staff positions in London fell at the sharpest rate in 22 months.
  • Digital pound could make Treasury billions from seigniorage revenue

    UK Economy

    "The government looks set to receive a significant windfall from the introduction of a digital pound in the coming years, which doesn’t seem to have yet factored into debates over ‘fiscal headroom’," Simon Youel, author of the research said.

    Investors are predicting more interest rate cuts this year than they previously had.

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  • HSBC set to axe UK wealth jobs as AI takes hold

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