The Governor of the Bank of England, Andrew Bailey, highlighted the need for distinct regulatory approaches for bitcoin and stablecoins, with a particularly stringent standard for the latter.

The first few weeks of 2025 witnessed a whirlwind of political and economic reverberations. Against a backdrop of US ...

Energy Secretary Ed Miliband last week announced that all privately rented properties must have an EPC rating of C by 2030.

The Bank of England needs to move cautiously with cutting interest rates because the long process of wrestling down inflation ...

The best way to set monetary policy is “to be cautious,” according to a Bank of England working paper from 2002. It goes on ...

While Bank of America CEO Brian Moynihan called the recent regulatory shift “classic re-engineering,” one peer exec said the ...

Supply constraints rather than soft demand caused recent weakness in the U.K. economy, suggesting to BOE member Megan Greene ...

The recent weakness of activity in the U.K. economy is likely due to supply constraints rather than soft demand, suggesting borrowing costs will have to stay restrictive to tame inflation, a Bank of ...

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world ...

We aim to build confidence in the safety and reliability of payment service providers’ services while protecting end users from specific risks. We’re taking steps to better understand the impacts of ...

The key things to know if you've not been able to check the news all day are: As expected, the Bank of England cut the base rate from 4.75% to 4.5%. This acts as a benchmark for other interest ...