Chancellor George Osborne has commissioned a report from the UK Treasury into the role that digital currencies could play in the country’s financial system, building on Britain’s reputation as “one of the most attractive jurisdictions for Bitcoin businesses.”

The Bank of England may need to become more involved in managing the market to cope with ever-increasing business cycles in financial services, Chief Economist Andy Haldane has warned.

The US pharmaceutical company Walgeens has confirmed that it plans to buy the remaining 55% stake in Alliance Boots for £6 billion.

Dan Cobley, the UK Managing Director and European Marketing Vice President of Google, has revealed that he will be leaving the company after 8 years to lead a new financial technology incubator in London.

Accountancy software giant Sage Group has announced that Stephen Kelly will replace Guy Berruyer as the group’s chief executive this November.

Corporate treasurers have a right to be frustrated with disappointing features and sluggish improvements in the treasury technology industry, according to Proquest’s Ronald Fink.