How much of the UK's money is electronic?

Daisy made this Freedom of Information request to Her Majesty's Treasury

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The request was successful.

Dear Her Majesty’s Treasury,

Under the Freedom of Information act could you please try to answer
the following question.

How much of the UK's money is electronic/digital? (not physical notes and coins).

The Bank of England's central balance sheet puts its size at around £402 billion for 2015, and notes and coins in circulation at about £73 billion. Does this mean the amount of electronic money in the UK stands at about £329 billion?

Yours faithfully,

Daisy Atkinson

Enquiries, CEU - HMT, Her Majesty's Treasury

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FOI Requests, Her Majesty's Treasury

1 Attachment

Dear Ms Atkinson,

 

Please find attached our reply to your Freedom of Information request
dated 17 November.

The links cited in the reply are available below:

[1]http://www.bankofengland.co.uk/statistic...

[2]http://www.bankofengland.co.uk/statistic...

 

Regards,

 

Adam Goodwin | Information Rights Case Adviser | Information Rights Unit |
Corporate Centre Group

HM Treasury, 3 Red, 1 Horse Guards Road, London, SW1A 2HQ
| [3]www.gov.uk/hm-treasury 

 

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References

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1. http://www.bankofengland.co.uk/statistic...
2. http://www.bankofengland.co.uk/statistic...
3. http://www.gov.uk/hm-treasury