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Home > About the Bank > The Bank’s relationship with Parliament

The Bank’s relationship with Parliament

The Bank of England has operational independence to achieve its objectives of monetary and financial stability. It is accountable to Parliament through the Treasury Committee of the House of Commons. The Governor, Deputy Governors and other senior staff frequently appear before it to give evidence following publication of:

  • The Inflation Report
  • The Financial Stability Report
  • The PRA Annual Accounts
Members of the Monetary Policy and Financial Policy Committees also have appointment hearings at the Treasury Committee.

The House of Lords Economic Affairs Committee holds occasional evidence sessions with the Bank on monetary and financial policy. Other committees also occasionally hold evidence sessions with the Bank.

Transcripts, reports and video footage of all appearances can be accessed through the relevant committee pages of the parliamentary website.