The Bank of England said on Thursday that it would end a facility that allowed British-based financial institutions to access funds in euros, due to improved market conditions which had removed the need for the programme. The Liquidity Facility in Euros (LiFE) - which started in March 2019 when there were concerns that Britain's departure from the European Union might be disorderly - will hold its last scheduled operation on Sept. 29 and close on Oct. 1. "The Bank of England, in co-ordination with the European Central Bank, stands ready to re-adjust the provision of euro liquidity, including restarting LiFE, as warranted by market conditions," the BoE said in a statement.
Eesti Pank found a blockchain-based solution could support an almost unlimited numbers of payments being processed at the same time.
US and EU passengers who have been fully vaccinated outside the UK may be able to skip quarantine.