Treasury

‘Clutching at straws’: Executives say scrapping payments regulator won’t boost UK growth

‘When I was at the FCA, no one really knew what the PSR did’

4 min read

The Treasury will shortly face yet another call to help rebuild London's status as a financial hub

City grandees near definitive paper on solving UK’s listings crisis

Top finance minds plan to release report ahead of the Autumn Statement as leading politicians hold discussions to solve listings drought

2 min read

City minister Andrew Griffith said treating crypto as gambling would create a regulatory misalignment between the UK and other jurisdictions

Treasury rejects MPs’ motion to treat crypto as gambling

The Commons’ Treasury Committee had 'strongly recommended' retail crypto trading be regulate as gambling

2 min read

Griffith has talked up London's prospects, but not everyone in the City is convinced

Andrew Griffith: Can the ‘intense’ City minister forge London 2.0?

The former Rothschild banker is at the heart of plans to transform UK markets. Will he succeed?

6 min read

Tom Mutton: 'Now we need to look at the realities — the practicalities of actually building and delivering a digital pound'

Tom Mutton: ‘There is just no space to get a CBDC wrong’

The Bank of England’s CBDC and fintech director is leading the work to develop a potential digital pound. Can he deliver?

8 min read

The Treasury's advertised head of cyber security would be making roughly the same amount as a London Tube driver would earn in a year

Treasury looks for new head of cyber security – and it’s paying just £57,000 a year

Department's head of cyber risk would make roughly the same salary as a London Tube driver

2 min read

Clare Lombardelli is set to become chief economist at the Organisation for Economic Co-operation and Development

Government chief economist job fails to attract women applicants

Outgoing chief economic advisor to the Treasury Clare Lombardelli was the first woman to hold the post

3 min read

Applications for the Treasury’s head of central bank digital currency were dominated by young people

Under-30s flood applications for Treasury’s prized ‘Britcoin’ boss job

Key government digital currency role attracts mainly young men after criticism over low pay

3 min read

'I don’t think we’re behind any other advanced economies in where we are on this', top official tells lawmakers

Bank of England: Digital pound ‘more likely than not’

Sir Jon Cunliffe says a UK digital pound now has a more than 50% chance of coming into existence

3 min read

The BoE and Treasury said a decision won't come until the middle of the decade, meaning we won't see a digital pound until at least 2025

The Fintech Files: Britcoin is ‘likely’, plus meet FN’s anti-crypto influencers

It's been another hectic week in crypto. The Fintech Files brings you up to speed.

City minister Andrew Griffith said the government should 'protect consumers who are embracing this new technology'

What the UK’s new crypto rules could mean for traditional finance

Custodians, exchanges, and lenders are all in the firing line as the Treasury looks to safeguard investors

The taskforce has set a target for at least 50% of senior leaders from the financial and professional services industry to come from a working class background by 2030

City must recruit 50% of bosses from working-class backgrounds, Treasury taskforce says

Individuals with a working-class backgrounds make up over half of all employees in financial services and yet only 36% have moved to senior levels

Regulators eye curbs on big bank dominance in Treasury market

Fed and Treasury Department have been on alert about the stability of the $24tn market