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Category Bank of England

UK unemployment rises as hiring slows and wage growth eases

UK unemployment rises as hiring slows and wage growth eases

UK unemployment climbed to its highest level since May 2021 as hiring weakened and wage growth lost momentum, signalling a softening labour market ...
Evening digest: Trump’s jail threat to Chicago leaders, gold tops $4K, IMF, BoE warn of AI bubble

Evening digest: Trump’s jail threat to Chicago leaders, gold tops $4K, IMF, BoE warn of AI bubble

US politics, markets, and tech moves dominated Wednesday’s headlines. Trump escalated tensions by calling for jail for Chicago leaders amid troop d...
Bank of England Plans Exemptions to Stablecoin Limits: Bloomberg

Bank of England Plans Exemptions to Stablecoin Limits: Bloomberg

The BoE will grant waivers to some businesses like crypto exchanges that need to hold large amounts of the tokens.
Bank of England Plans Exemptions On Proposed Stablecoin Holding Caps

Bank of England Plans Exemptions On Proposed Stablecoin Holding Caps

The Bank of England plans exemptions to stablecoin holding caps, signaling a softer stance as it grants waivers to firms needing larger reserves. T...
Bank of England warms up to stablecoins, targets real-world payments

Bank of England warms up to stablecoins, targets real-world payments

The Bank of England is finally warming up to stablecoins, and it’s not a drill. Andrew Bailey, the guy at the top of the UK’s central bank, now say...