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Tag: Bank of England

Bank of England interest rate cut to 5%: What it means for the UK Pharmacy Sector?

To counter the rapid rise in the Consumer Prices Index, the Bank of England increased interest rates five times in 2023, reaching 5.25% by...

FSB and Bank of England join hands to tackle counterfeit notes in run up to Christmas

Businesses that accept counterfeits can be repeatedly targeted, warns FSB, while encouraging its members to join the Bank of England’s Banknote Checking Scheme   The...

£20 and £50 paper notes to expire by end of September

Businesses, including community pharmacies, that handle cash have been urged to prepare for the removal of £20 and £50 paper banknotes from circulation. The...

New polymer £50 note featuring Alan Turing enters circulation

The new polymer £50 note featuring the scientist Alan Turing today (23 June) entered circulation. The new note will be available in bank branches...