Central Banking

BoE chief cashier looks forward to further innovations in the use of cash

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The Bank of England's chief cashier Chris Salmon today said the Bank is "sanguine about the impact of technology upon the use of cash" in the UK, but needs to "understand how innovation is affecting" how cash is used in order to "anticipate and offset any unintended adverse consequences".

In a speech to the Plymouth Chamber of Commerce, Salmon noted the great advances made over the last 40 years, a period in which ATMs have become commonplace and self-service vending machines and checkouts have

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FedNow – at last

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