The Labour party remains on course for victory in today’s general election, with few expecting significant change that would impact banking and the financial sector more broadly if it were to come to power.
But while details on various proposals were scant in the party’s manifesto, including on a central bank digital currency, its plan for financial services published in January showed “more of a commitment than any other political party” to developing a digital pound, says Jannah Patchay, executive board director at the Digital Pound Foundation.
