The Bank of England has today published a Discussion Paper on its approach to innovation in money and payments.

The Governor of the Bank of England, Andrew Bailey, has today announced that Sebastian Walsh is to become the newly appointed Head of Leeds.

This Explanatory Note summarises the motivation for, and approach to, expanding the Bank’s financial stability toolkit. As a first step in this work, the Bank is developing the Contingent NBFI Repo Facility, which

This provisional Market Notice sets out the expected design for a new financial stability tool – the Contingent NBFI Repo Facility – that the Bank of England intends to invite applications for later

See the headline results from an April 2024 survey of 27 financial institutions that are active in the UK foreign exchange market.

The Bank's Court of Directors acts as a unitary board, setting the organisation's strategy and budget and taking key decisions on resourcing and appointments. Required to meet a minimum seven times per year,

Bank of England statement

Following an external recruitment process and consultation, the Bank of England (Bank) has appointed three new members to its Enforcement Decision Making Committee (EDMC) taking the total to nine.

A global payments issue that was affecting the Bank's CHAPS service and delaying some high value and time-sensitive payments is now resolved.

A global payments issue is affecting the Bank's CHAPS service and delaying some high value and time-sensitive payments, including some house purchases.