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The Bank of England (BoE) has lowered the pricing on a funding tool designed to help banks withstand short-term liquidity shocks, a move that may boost the attractiveness of a facility only used once since its creation in 2008.The central bank announced lower and fixed pricing for drawdowns from the Discount Window Facility, one of several measures it launched during the financial crisis to backstop markets. The DWF allows eligible banks, brokers and clearinghouses to borrow UK government bonds or cash against a wide set of less-liquid assets.“This change to simplify and reduce DWF pricing will improve the usability of the DWF, whilst maintaining incentives for prudent day-to-day liquidity management and avoiding private market disintermediation,” the central bank said in a statement.The changes are effective immediately and replace the previous system that had a more variable and complex pricing structure. The move is part of a broader overhaul of the BOE’s money-market strategy, to wean banks off years of abundant liquidity fueled by its bond-purchase programs. The idea is to ensure financial institutions can continue to source cash or liquid assets, even during times of stress.The only reported usage of the DWF is from the final quarter of 2023, when average daily borrowing was £1.125bn ($1.5bn).The new pricing system depends on the quality of the collateral. It’s set at 15 basis points for drawdowns against Level A collateral — the highest quality — and moves up to 50 basis points for Level C collateral.Officials are keen to ensure resources such as the DWF are fit for purpose as the central bank continues to drain cash from the financial system. In December, it made a similar update to its Operational Standing Facilities, designed to help banks manage temporary payment frictions.The central bank is increasingly providing cash to banks via scheduled repo operations. There is over £70bn outstanding at the six-month Indexed Long-Term Repo Facility, which is open on Tuesdays, according to BoE data. Recent one-week Short-Term Repo operations, which are held on Thursdays, have seen banks borrow around £100bn.Unlike those two, the DWF is an on-demand facility. That means eligible financial institutions can tap it at any time instead of having to wait for one of the BoE’s scheduled repo operations.While uptake has been tiny up to now, regulators are pushing banks to change their attitude toward both the DWF and OSFs. The Prudential Regulation Authority, the division of the BoE responsible for bank regulation, is currently consulting on rules designed to encourage use of the facilities.If adopted, a key supervisory statement would urge banks to consider usage of the DWF and OSFs “as a complement to the regular, market-wide facilities for a broad range of circumstance.”Disclosures regarding DWF usage are scarce in order to minimize potential stigma. Usage data is reported on an aggregated and averaged basis on a five-quarter delay — far longer than other BoE facilities.“Our publication approach seeks to balance transparency with discretion about individual counterparty relationships, and to minimise any potential risks to financial stability through premature publication,” the BoE’s website states. 

DWF redefining what it means to lead, connect and transform societyConversations around women’s empowerment in Qatar have moved from awareness to action over the past decade, as participants increasingly seek to contribute through initiatives and collaborations rather than simply listen, says Doha Women Forum (DWF) founder Conchita Ponce. Marking 10 years since the launch of DWF in 2015, she told Gulf Times that the platform has evolved well beyond its original purpose, reflecting broader social and professional shifts in the country. “What began as a small gathering where women shared challenges and inspired one another through personal success stories has grown into a movement rooted in participation, contribution, and impact,” she said. In its early years, Ponce noted that the forum focused heavily on storytelling as a way to inspire confidence and spark conversation. While that element remains important, Ponce stressed that the mission has clearly shifted. “The Forum has transitioned from inspiration to action. Women are no longer just attendees, they are active participants and contributors to a shared cause,” she pointed out.Ponce said that members of the DWF community are now leading or supporting concrete initiatives, including training sessions, workshops and an upcoming mentorship programme. “These opportunities directly empower other women,” she said, adding that the focus is increasingly on practical support and skills-building rather than dialogue alone.According to Ponce, that evolution has also changed how the forum is viewed by institutions and stakeholders. “Today, DWF is known not only for hosting annual events, but for producing tangible outcomes. Institutions now engage with DWF as a partner rather than merely a platform, and the forum has become a recognised reference point in women-related discourse in Qatar.” Ponce says the impact of the forum can be seen across different levels of participation. “We have seen speakers grow and thrive after being part of the Forum, attendees connect with the right people and platforms, and women-led businesses gain visibility and opportunities for growth,” she said. “These outcomes reflect a clear shift toward influence, collaboration, and real-world results.” She explained that DWF’s “core objective is to empower women through meaningful dialogue”. She underlined the importance of helping women recognise their potential, understand their rights and access strong professional networks that enable growth and leadership. Ponce acknowledged that Qatar has undergone significant change since the forum’s inception, crediting the country’s leadership for creating new opportunities for women.“Qatar has changed tremendously, largely due to the visionary leadership of Her Highness Sheikha Moza bint Nasser. Her strong commitment to education, human development, and women’s empowerment has expanded opportunities for women across leadership, entrepreneurship, and the workforce,” she said. As a result, she said, Qatar is now recognised as one of the leading countries in the GCC and the wider Middle East and North Africa region in advancing women’s empowerment.Looking at how conversations around empowerment have evolved, Ponce said they have become “more open, real, and impactful” over time. “With each edition of DWF, awareness has grown, and more importantly, people have moved from listening to actively wanting to be involved and contribute,” she said. While she acknowledged that translating dialogue into policy takes time, Ponce said she remains optimistic: “When you give people space to engage honestly, minds begin to shift, and once that happens, action naturally follows. We are laying the right foundations through continued conversation, collaboration, and steady progress.” 

The 8th annual Doha Women Forum (DWF) concluded Saturday, September 27th, at the Grand Hyatt Doha Hotel and Villas, drawing a record crowd of hundreds of attendees and over 35 thought-leaders for a day of transformative dialogue on leadership, gender equality, and collective action.The forum, themed “Voices of Change: Redefining Tomorrow Through Collective Action and Shared Values,” delivered on its promise to inspire and mobilize. It was powered by Strategic Partner Snoonu, a leading Qatari tech company that exemplifies its commitment to inclusion: over 50% of its workforce is comprised of women, a powerful testament to female leadership and digital sector inclusion.Emotional Highlights and Strategic VisionSessions spanning corporate leadership, digital transformation, personal wellness, and global mobility delivered an electric mix of emotional personal stories and bold strategic conversations, leaving participants energized to translate inspiration into impactful, women-led change.DWF Founder, Conchita Ponce, opened the day with a heartfelt call for unity, purpose, and shared values, underscoring the forum's role as a catalyst for meaningful, sustained change in the region. Hamad Al Hajri, Founder of Snoonu, then spoke on the critical role of women in shaping Qatar’s digital and entrepreneurial future, reaffirming his company’s commitment to innovation and inclusion.Their remarks were followed by an electrifying keynote from renowned broadcaster Folly Bah Thibault, which set an immediate tone of powerful storytelling and collective vision.The forum’s true emotional peak was the powerful address by Dr. Esraa El Bably, a UN spokesperson and deaf dentist. Her moving story of resilience, breaking barriers, and empowerment earned a spontaneous, standing ovation, providing a living example of the “Voices of Change” theme in action.Collaboration and Future ImpactBeyond the main stage, attendees engaged in purposeful networking, interactive activities, and knowledge-sharing sessions. A vibrant marketplace featured exhibits by dozens of women-led initiatives and local lifestyle brands, showcasing the breadth of female entrepreneurship in Qatar.The 8th edition successfully reaffirmed the DWF's position as a premier, influential platform for women’s empowerment in the region. The event also received crucial support from Aamal Holding and Spirit Events as Gold Partners, whose contributions helped strengthen the Forum’s impact and reach.The momentum will continue with the planning of the 9th edition, promising an even greater focus on translating dialogue into measurable leadership and lasting, tangible impact.For more updates, visit dohawomenforum.com or follow @dohawomenforum on Instagram.