The first task of Britain’s new cybersecurity centre will be to work with the Bank of England, the government has announced.

The work will involve setting standards for the financial sector in terms of resilience to the type of cyber threats which could undermine the UK economy.

The new body – now renamed the National Cyber Security Centre (NCSC) – was unveiled last year by the Chancellor.

It is designed to bring the UK’s cyber expertise into one place.

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