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Promoting the good of the people of the United Kingdom by maintaining monetary and financial stability

Latest News

Bank of England statement on the next steps following the discovery of traces of animal-derived products in £5 polymer banknotes

15 February 2017

The Bank recognises the concerns raised about the discovery of traces of tallow used in the production of its £5 polymer notes. Following detailed analysis and further work we are now able to provide an update to the public. More »

Other News

How to: MACROPRU. 5 principles for macroprudential policy - speech by Alex Brazi... More »

13 February 2017

Charlotte Hogg announced as Deputy Governor for Markets and Banking More »

09 February 2017

In Focus

One Bank Flagship Seminar

Watch internationally-acclaimed ballerina, Tamara Rojo share her experiences of transformational change. More »


The economy made simple. More »

Fraudulent emails

Received an email saying it's from the Bank of England? - check first! More »

Inflation Calculator

Use our online tool to find out how the cost of goods and services have changed over time More »

Forthcoming Events
Sarah Breeden: Panellist at “Banking on a Low Carbon Future” Report Launch by ShareAction (16:30), London. No text to be released
20 February 2017
David Bailey: Westminster Business Forum - The future for payments policy – infrastructure, regulation and consumer priorities (09:25). Text to be released
21 February 2017

Key Facts

Current Bank Rate Inflation Target 0.25%
View past decisions Next due:
16 Mar 2017
Quantitative Easing Asset Purchase Programme Inflation Target £435 bn
More information Next due:
16 Mar 2017
Corporate Bond Purchases Inflation Target up to
£10 bn
More information  
Current Inflation Inflation Target 1.8%
Target 2.0% Next due:
21 Mar 2017

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