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First Report - The digital pound: still a solution in search of a problem?

Treasury Committee HC 215 Published 2 December 2023
Report Status
Government responded
Conclusions & Recommendations
13 items (9 recs)
Government Response
AI assessment · 13 of 13 classified
Accepted 5
Accepted in Part 2
Acknowledged 3
Deferred 1
Rejected 2
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Recommendations

1 result
13 Deferred

Publish detailed criteria for assessing the future launch decision of a digital pound.

Recommendation
To help ensure a rigorous and balanced approach is taken towards assessing the case for launching a digital pound in future, we recommend that the Government and Bank of England set out in more detail, as soon as possible, the … Read more
Government Response Summary
The government agrees to a rigorous assessment approach but states the specific criteria and wider assessment framework for launching a digital pound are still being developed as part of the design phase, promising to report on progress and engage stakeholders.
HM Treasury
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