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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

From design to delivery: stability in the new retail payments infrastructure - s... More »

21 February 2017

Solvency II one year in - speech by David Rule More »

21 February 2017

In Focus

Treasury Select Committee Hearing - February Inflation Report

With annual report from Andy Haldane. Watch live from 10am on 21 February 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
Treasury Select Committee Hearing - February Inflation Report: Mark Carney, Andy Haldane, Gertjan Vlieghe and Ian McCafferty (10:00) Annual Report from Andy Haldane
21 February 2017
Jon Cunliffe: OMFIF City Lecture (11:00), London. Text to be released
22 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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