Shiv is a Senior Manager at the Bank of England with responsibility for Strategy & Economics for retail CBDC in the UK, the so-called “digital pound”. Shiv’s team considers the public policy objectives of CBDC, its potential impact on the macroeconomy and financial system, and design choices.

The Bank of England is the central bank of England.

The Digital Pound: An update

In February 2023, the Bank of England and HM Treasury released a joint Consultation Paper setting out the public policy case for a retail CBDC in the UK, the digital pound. This presentation will set out the motivation and proposed design for the digital pound, as well as plans for the next phase of CBDC work in the UK