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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

16 March 2017

Our Monetary Policy Committee has voted 8-1 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

Brexit and the pound - speech by Ben Broadbent More »

23 March 2017

Index-Linked Treasury Stocks More »

21 March 2017

In Focus

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 »

Withdrawal of paper £5 note

The paper £5 note, featuring Elizabeth Fry, will be withdrawn from 5 May More »

Agents' summary of business conditions

We've just published our latest Agents' summary for 2017 Q1 More »

Forthcoming Events
Publication of the 2017 stress test scenario (09:30)
27 March 2017
Financial Policy Committee statement from its meeting, 22 March 2017 (09:30)
27 March 2017

Key Facts

Current Bank Rate Inflation Target 0.25%
View past decisions Next due:
11 May 2017
Quantitative Easing Asset Purchase Programme Inflation Target £435 bn
More information Next due:
11 May 2017
Corporate Bond Purchases Inflation Target up to
£10 bn
More information  
Current Inflation Inflation Target 2.3%
Target 2.0% Next due:
11 Apr 2017

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