The Governor of the Bank of England prohibits the rift with the government on the revolution

London – England Bank The ruler Andrew Billy told CNBC that was not “down” with the UK government due to the long -awaited bank license from Fintech Giant.

Last week, and I mentioned financial times That a meeting arranged British Finance Minister Rachel Reeves with a cautious organization and authority (PRA) – England Bank’s arm, which supervises banks, was canceled after the intervention of Billy.

The statement of the revolution as a fully licensed bank has become an important issue for the UK government, especially as the main numbers in the technology industry Tax changes that affect the wealthy.

However, in an interview with the Ritika Gupta of CNBC on Thursday, Billy denied any proposal that the relations between the Bank of England and the Treasury Tank had been strained on the delay in the approval of the bank’s license.

“There was no fall between (Reeves) and I was on this, or in reality on anything,” he said. “In fact, we have very good relationships, and I think both the bank and the cabinet have made it clear.”

Billy added that although he could not comment too much on the revolution, the cautious organization is working on matters with the start of digital banking during the “packing” process.

It was a giant Fintech Granted A banking license with restrictions in July 2024 of PRA in the UK, putting an end to a period of submission for years that started in 2021.

This main victory revolutionized what is known as the “packing” stage of the company’s journey towards becoming a complete bank.

During this period, companies are limited to a contract of 50,000 pounds only of the total customer deposits – much less than hundreds of billions of customers who are bid with the main lenders in the high streets like Barclaysand HSBC and Santander.

Revolutionary agents in the United Kingdom are still working by the company’s electronic money unit, instead of its banking entity. This means that they are not directly believed by the financial services compensation system, which protects customers up to 85,000 pounds if the company fails.

The delays in the revolution were a point of disagreement for the government, which was criticized by the technology industry in the United Kingdom for not doing enough to ensure that the country can compete effectively with the United States and other major centers.

“There was no exchange between financial stability and growth in the economy.” However, he suggested that he was open to changes to enable the super technology sector to prosper.

“We are very open to changes as they are suitable,” he said.