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

Latest News

In experts we trust? - speech by Minouche Shafik

22 February 2017

In her final speech as Deputy Governor for Markets and Banking, before becoming Director of the London School of Economics, Minouche Shafik sets out an agenda for rebuilding the trustworthiness of experts. More »

Other News

PRA launches consultation on Pillar 2A capital framework More »

24 February 2017

Global pipes – challenges for systemic financial infrastructure - speech by Sir ... More »

22 February 2017

In Focus

Treasury Select Committee - Charlotte Hogg appointment hearing

Watch live from 9.15am on Tuesday 28 February More »

Polymer banknotes

Bank of England statement on the next steps following the discovery of traces of animal-derived products in £5 polymer banknotes  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
Victoria Cleland: World Banknote Summit (09:50 GMT), Basel. No text to be released
28 February 2017
Charlotte Hogg: Treasury Select Committee appointment hearing (09:15)
28 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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