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 of England maintains Bank Rate at 0.5% and the size of the Asset Purchase Programme at £375 billion

14 July 2016

The MPC voted by a majority of 8-1 to maintain Bank Rate at 0.5%. The Committee also voted unanimously to maintain the stock of purchased assets financed by the issuance of central bank reserves at £375 billion. More »

Other News

Credit union annual statistics - 2015 More »

29 July 2016

Bankstats (Monetary & Financial Statistics) - June 2016 More »

29 July 2016

In Focus

Interest rates and the Monetary Policy Committee (MPC)

Read our postcard to learn about interest rates and the role of the MPC More »

Introducing The New Fiver

The new £5 polymer note will be issued on 13 September More »

EU referendum: your questions answered

We answer some of your most frequent questions about the EU referendum More »

Fair and Effective Markets Review Implementation Report

The Chairs of the Fair and Effective Markets Review have published a full implementation report. More »

Forthcoming Events
UK International Reserves - July 2016 (09:30)
03 August 2016
Monetary Policy Committee Announcement and Minutes (12:00)
04 August 2016

Key Facts

Current Bank Rate Inflation Target 0.5%
View past decisions Next due:
4 Aug 2016
Monetary Policy Summary and Minutes Inflation Target 14 Jul
Quantitative Easing Asset Purchase Programme Inflation Target £375 bn
More information Next due:
4 Aug 2016
Current Inflation Inflation Target 0.5%
Target 2.0% Next due:
16 Aug 2016

 Follow us