King Charles III will be on the British pound notes By Mid-2024
British pound notes featuring King Charles III's face are projected to reach circulation by the middle of 2024
Tag: Bank of England
Bank of England to jettison mortgage affordability rule from August 1
The bank said it plans to get rid of the affordability test, which reviews whether borrowers could afford their mortgages ...
Bank of England increases interest rate to the highest since 2009
The Bank of England boosted interest rates to 1%, the highest level since 2009, to combat rising inflation.
UK inflation hits 5.5%, highest in 30 years
British consumer prices grew at their highest annual rate in over 30 years, hitting 5.5%.
Nigerian banks may stop accepting old £20 and £50 notes by end of 2021
Nigerian deposit money banks would stop the acceptance of the old £20 and £50 notes as the legal tender status ...
Bank of England warns banks on approach to adopting crypto
The Bank of England's Financial Policy Committee (FPC) has issued a warning to institutions considering committing to cryptocurrency. The Financial ...
MARKET CRASH: 5 things major central banks are concerned about
Nairametrics reviewed these macro-economic reports and brings you 5 key concerns to be aware of.
UK may issue digital currency – BoE deputy governor
The Bank of England has disclosed it is taking landmark steps towards the creation of a central bank digital currency.
Bank of England considers digital currency
If approved, the digital currency would exist alongside other payment options, rather than replacing them.
