27 March 2017
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Latest articles for Bank of England


Bank of England sets up fintech Community; runs blockchain and AI trials

17 March 2017  |  17588 views  |  0 News

The Bank of England's fintech accelerator programme has launched a new community forum for innovation talks and two new proof of concept trials exploring the use of AI and distributed ledgers.


Millions of jobs at risk in Fourth Industrial Revolution - BofE staff blog

01 March 2017  |  6135 views  |  2 News

Economic arguments that the use of new technologies and artificial intelligence will lead to a reallocation of human labour to more productive tasks could be seriously wide of the mark, argues a staff paper on the Bank of England's unofficial Undergound blog, which holds out the possibility that millions of jobs may be at risk in the forthcoming 'Fourth Industrial Revolution'.


Bank of England unbowed by beef backlash

15 February 2017  |  2667 views  |  0 News

The Bank of England is to maintain production of polymer-based £5 and £10 notes, despite protests from vegetarians and vegans over the use of animal fat in the new plastic money.


BofE turns to accelerator member Anomali to tackle cyber threats

10 February 2017  |  5612 views  |  0 News

The Bank of England's new fintech accelerator is already bearing fruit. Following a successful proof-of-concept, one of the participants, Anomali, has been enlisted to help the bank monitor and mitigate cyber threats.


Carney accused of "lack of understanding" in remarks on robo-advisors

31 January 2017  |  5694 views  |  0 News

The founder and CEO of online investment manager Scalable Capital has lashed out at the Governor of the Bank of England Mark Carney, accusing him of a "deep miscalculation of priorities" for singling out robo-advisory services as a potential force for future financial instablity.


New 'secure' £1 coin to be released in March

03 January 2017  |  9518 views  |  0 News

The UK treasury is set to roll out a new £1 coin in late March which it claims is the most resistant to counterfeiting ever produced.


Bank of England bows to beef backlash on synthetic notes

01 December 2016  |  1519 views  |  0 Company announcement

We are aware of some people’s concerns about traces of tallow in our new five pound note. We respect those concerns and are treating them with the utmost seriousness.


BofE uses accelerator to gain real-world fintech experience

11 November 2016  |  12179 views  |  0 News

The Bank of England is using its new fintech accelerator to work with startups on developing proof-of-concepts (POCs) in data analytics, information security and distributed ledgers.


Bank of England officials watch as cyber attack unfolds

03 November 2016  |  10059 views  |  1 News

Bank of England officials will be sitting on the sidelines as 42 of the UK's most talented amateur cyber security enthusiasts lead the defence against a simulated computer attack on a fictional energy company.


The shrinking economy; Bank of England on durability of cash

04 October 2016  |  5044 views  |  2 News

The amount of cash circulating in the UK economy is twice the level of a decade ago, says the Bank of England in a Knowledge Bank primer on the introduction of new plastic banknotes.

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