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The creation of an official digital currency in Britain could increase the risk of a run on the banks in an economic downturn, an influential House of Lords committee has found.
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Four new directors for Bank of England board

The government is set to appoint four new non-executive directors to the internal court of the Bank of England, which acts as its supervisory board.

The number of used cars sold fell by nearly a fifth in the second quarter as the supply issues that have put the brakes on the new car market finally hit the availability of second-hand vehicles.
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Supply issues drive down used car sales

The number of used cars sold fell by nearly a fifth in the second quarter as the supply issues that have put the brakes on the…

Philip Hammond
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Lord Hammond to join £1bn Fintech Growth Fund

Former Chancellor Lord Philip Hammond has been appointed to the advisory board of the provisionally named Fintech Growth fund, a £1bn venture to invest in financial…