The Caithness Business Index has posted the following article:

HM Treasury And Bank Of England Consider Plans For A Digital Pound

A digital pound is likely to be needed in the future according to a consultation paper published today by HM Treasury and the Bank of England. the Treasury and the Bank of England are consulting on a potential digital pound, or central bank digital currency (CBDC) a digital pound would be issued by the Bank of England and could be used by households and businesses for everyday payments in-store and online. [Read Full Article]