Other initiatives to aid new and firms that are innovative

Other initiatives to aid new and firms that are innovative

Lowering barriers to entry and expansion

Tandem Bank (authorised in November 2015) is a digital-only bank that is retail will operate an individual finance guide which compares lending options made available from both Tandem and its particular competitors. Other banks that are innovative in the pipeline for authorisation.

Other initiatives to guide new and firms that are innovative

The lender of England supports innovation in financial services through its strive to promote innovative research and data analytics in central banking, and improving the ability of innovative firms to get into Bank of England facilities. The Bank has also embraced technology that is new the provision of UK banknotes.

Research and analytics

The Bank launched its One Bank Research Agenda initiative in February 2015 to try and understand and develop innovative practice do my homework that is best in central banking, taking into consideration technological, institutional, social and environmental change.

It aims to facilitate open dialogue between the lender while the research community to guide innovation and inform the Bank’s work. Continue reading