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ARTICLE · 12 DECEMBER 2025

The Digital Pound: Progress, Hurdles, And The Road Ahead

Addleshaw Goddard
Addleshaw Goddard
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Addleshaw Goddard

Addleshaw Goddard

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The Bank of England (BoE) and HM Treasury are actively considering a digital pound to sit alongside cash and bank deposits, aiming to boost the UK's digital economy.

United KingdomFinance and Banking
Grace Wyatt
Grace Wyatt
Tess Kelly
Tess Kelly
Rebecca Hickman
Rebecca Hickman
Stephen Fishbourne
Stephen Fishbourne
Rebecca James
Rebecca James

The Bank of England (BoE) and HM Treasury are actively considering a digital pound to sit alongside cash and bank deposits, aiming to boost the UK's digital economy. This forward-looking initiative is now in its design phase, with a final decision on rollout anticipated after 2026, subject to new legislation. In the article below, we delve into the latest updates and strategic direction for the BoE's digital currency plans. We also spotlight the key challenges and opportunities this development could present for businesses and financial institutions. As the UK explores the future of money, firms should prepare for potential regulatory changes, technological innovation, and new ways to engage with customers in an increasingly digital financial landscape.

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