Bank Resolution (Recapitalisation) Bill [HL] 2024-25
The Bank of England has tools to manage the failure of banks. This bill would introduce a new tool to manage the failure of smaller banks.
This note gives some background to press reports to the effect that none of the new coins in a newly redesigned set of coins will show Britannia on the reverse side.
British coins use of the 'Britannia' figure (121 KB , PDF)
Britannia has been associated with the British Isles since the Romans, and representations of this mythological figure have been used on British coins for almost as long. Britannia as a rallying national figure rose to particular prominence following the Act of Union with Scotland and then later as an emblem of Empire.
Due to the sequentail nature of the revision of the country’s coinage, a series of numismatic decisions means that there is likely to be a period when there is no Britannia on newly minted coins. The Note describes the country’s association with Britannia and its coinage.
British coins use of the 'Britannia' figure (121 KB , PDF)
The Bank of England has tools to manage the failure of banks. This bill would introduce a new tool to manage the failure of smaller banks.
Countries that are considered to be supporting Russia's invasion of Ukraine have increasingly faced US, EU and UK sanctions.
This briefing provides statistics and forecasts for household debt, guidance on how to interpret debt statistics and analysis on how debt effects the economy.