Bank of England Governor Andrew Bailey said on Tuesday he did not agree with finance minister Rachel Reeves' description of ...

Bank of England Governor Andrew Bailey said on Tuesday that a rise in British government borrowing costs was not out of line ...

Bailey (pictured) made clear that he did not share Reeves' recent claim that the enforcement of red tape acted as a 'boot on ...

Bank of England Governor Andrew Bailey urged the government to avoid taking drastic action as it evaluates the merits of the ...

Bank of England Governor Andrew Bailey said on Tuesday the International Monetary Fund had a key role to play in tackling the ...

The UK central bank may scrap its digital pound amid skepticism and preference for bank payment innovations, Bloomberg ...

Bank of England Governor Andrew Bailey said he isn't yet convinced that the U.K. actually needs a CBDC, which would be a ...

Bank of England considers abandoning digital pound CBDC project after £24 million spending amid growing privacy concerns.

The Bank of England is considering dropping the digital pound project, following stalled efforts in the US and South Korea.

Bank of England Governor Andrew Bailey sounds the alarm on privately-issued stablecoins and warns they can destabilize the ...

The central bank once backed the digital pound but now tells banks to upgrade their own payment systems. It believes private ...

Andrew Bailey also stressed that the UK cannot “compromise” on financial stability amid the Treasury’s plans to rip up red ...