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BoE’s Haldane says digital finance could transform payments and lending

Published on: 18 November 2020

Published by LNB News

LNB News 18/11/2020

Document Information

Issue Date: 18 November 2020

Published Date: 18 November 2020

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

Andy Haldane, chief economist and member of the Monetary Policy Committee at the Bank of England (BoE), has said in a speech that developments in digital finance could transform how consumers and businesses make payments and raise finance, which could help revitalise the UK economy in the wake of the coronavirus (COVID-19) pandemic.

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