Skip to main content
  • This website sets cookies on your device. To find out more about how we use cookies please refer to our Privacy and Cookie Policy. By continuing to use the site, we’ll assume that you are content for us to set these on your device.
  • Close

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

Latest News

Bank Rate held at 0.25%, government bond purchases at £435bn and corporate bond purchases at up to £10bn

11 May 2017

Our Monetary Policy Committee has voted 7-1 to keep Bank Rate at 0.25%. The committee voted unanimously to continue with the programmes of corporate bond purchases and UK government bond purchases. More »

Other News

Complete FX Global Code published More »

25 May 2017

Inflation Report, May 2017 More »

11 May 2017

In Focus

KnowledgeBank

The economy made simple. More »

Inflation Calculator

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

Agents' summary of business conditions

We've just published our latest Agents' summary - May 2017 update More »

Withdrawal of the paper £5 note

How to exchange the paper £5 note, featuring Elizabeth Fry. More »

Forthcoming Events
Effective interest rates - April 2017 (09:30)
31 May 2017
Money and Credit - April 2017 (09:30)
31 May 2017

Key Facts

Current Bank Rate Inflation Target 0.25%
View past decisions Next due:
15 Jun 2017
Quantitative Easing Asset Purchase Programme Inflation Target £435 bn
More information Next due:
15 Jun 2017
Corporate Bond Purchases Inflation Target up to
£10 bn
More information  
Current Inflation Inflation Target 2.7%
Target 2.0% Next due:
13 Jun 2017
 

 Follow us