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United Kingdom

Smee on speedier payments

The chief executive of APACS discusses the UK’s first National Payments Plan and the impact of the new Faster Payments service

BoE's Barker and Fisher on economic outlook

Although there have been some encouraging signs in the British and global economies, the real question is what is happening to final demand, said Kate Barker, an external member of the Bank of England's Monetary Policy Committee (MPC).

Chaps can cope with payments outages

If a financial institution is unable to make - but able to receive - payments, Chaps, the UK's large-value payment system, will ensure that settlement banks stop making payments to the institution, reducing systemic risk, new research from the Bank of…

UK eyes 2018 cheque-out

The UK is moving towards closing cheque clearing within a decade, Paul Smee, the chief executive of the UK Payment Council, told an industry conference in London.

No to EU, yes to supervision role for BoE

The idea of a greater role for European Union regulation of United Kingdom's financial services must be resisted, said Sir Martin Jacomb, a former external director of the Bank of England, in a new report from the Centre for Policy Studies, a think tank.

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