‘CAPTURE’ – a major new paper on the committees considering a UK Central Bank Digital Currency

Published on 7 November 2022

UK payments have, over the last ten years, become increasingly digital and become the domain of a technocratic elite, working in tandem with Big Tech and the major payment card brands.

The UK’s ‘digital payments journey’ thus far has left an amount of damaging debris on the road behind it: Authorized Push […]

The Payment Systems Regulator’s PS22/2 Card-acquiring market remedies: final decision = surrender

Published on 6 October 2022

On 6th October 2022 the PSR published its Final Decisions on its major and multi-year ‘work’ on the costs of accepting card payments for merchants. Costs, in this case, focuses on the service fees paid by a merchant to its appointed merchant acquirer. The all-in costs include the deductions-from-face-value, which the […]

Apparatus for UK’s financial management is dead in the water

Blog published on 18 August 2022 based on an article published on www.facts4eu.org on 12 August 2022

A major change in the financial management of the UK is needed. The current upsurge in inflation may have been triggered by energy prices, but the seedbed for it has been in the creation since the Global Financial Crisis […]

Promised legal protection for cash is a further nail in its coffin

Published on 23 May based on an article first published on News Uncut on 21 May 2022

The Queen’s Speech, delivered on 10 May 2022, promises legal protection for access to physical cash. The protection is to be afforded in a new Financial Services and Markets Bill (the ‘Bill’). One might be forgiven for believing that […]