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Business/Where it standsRead30 sec

UK names six banks to manage digital gilt pilot

The government says the pilot issuance is expected by the first quarter of 2027.

Barclays, HSBC, Lloyds, Morgan Stanley, NatWest and RBC Capital Markets were appointed joint lead managers after a competitive procurement, 
the UK government said.

Why it matters

The pilot will test distributed ledger technology in issuing and managing a government bond, the UK government said.

What’s next

The pilot issuance is expected by the first quarter of 2027, according to the UK government.

Single primary sourceUK Government

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World/1 hr agoRead30 sec

UK calls for accountability over alleged Russian abuses in Ukraine

At the Warsaw Human Dimension Conference, the UK said reports include torture, enforced disappearances and unlawful transfers of Ukrainian children.

The UK government said Deputy Ambassador James Ford raised reports of violations of international law.
A separate UK statement reaffirmed support for human rights, democratic institutions, media freedom and civil society.

Why it matters

The statements set out the UK’s position on accountability and support for Ukraine at the OSCE-focused conference.

Single primary sourceUK Government

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Business/1 hr agoRead30 sec

UK appoints banks for digital gilt pilot

The government named six joint lead managers for its planned Digital Gilt Instrument issuance, expected by Q1 2027.

The appointees are Barclays, HSBC, Lloyds, Morgan Stanley, NatWest and RBC Capital Markets.
The pilot will explore distributed ledger technology across the bond’s issuance and lifecycle, the government said.

Why it matters

The pilot will test the use of distributed ledger technology in a UK government bond, according to the government.

What’s next

The pilot issuance is expected to take place by Q1 2027, the government said.

Single primary sourceUK Government

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Science/1 hr agoRead30 sec

UK government accepts 44 recommendations on healthcare AI regulation

The government says it will deliver the commission’s recommendations across the UK; the MHRA has opened applications for a third AI Airlock phase.

The government said it accepted all 44 recommendations from the National Commission into the Regulation of AI in Healthcare.
The MHRA opened applications for the third phase of its regulatory sandbox for AI-enabled medical devices.

Why it matters

The response sets out a government plan for regulating AI in healthcare.

What’s next

The MHRA is taking applications for the sandbox’s third phase.

Single primary sourceUK Government

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