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

12 May 2016

The MPC voted unanimously 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

External MPC Unit Discussion Paper 46: Current account deficits during heightene... More »

20 May 2016

Capital Issuance - April 2016 More »

20 May 2016

Monetary policy expectations and long term interest rates - speech by Gertjan Vl... More »

19 May 2016

The Great Divide - speech by Andy Haldane More »

18 May 2016

In Focus

The Bank's Agencies

Learn about the Bank's twelve Agencies based around the UK More »

The next £20 note

J.M.W. Turner has been announced as the next character to appear on the £20 polymer note More »

The New Fiver

On 2 June, the full details of the design and security features of the new £5 note will be revealed More »


Like the Bank of England's Facebook page for regular updates and current events. More »

Forthcoming Events
Martin Taylor: Official Monetary and Financial Institutions Forum City Lecture (11:30), London. Text to be released
25 May 2016
Foreign Exchange Market Global Code of Conduct – publication of first phase (09:00 (EST)/14:00hrs (BST))
26 May 2016
Effective interest rates - April 2016 (09:30)
01 June 2016
Bankstats (Monetary & Financial Statistics) - April 2016 (09:30)
01 June 2016

Key Facts

Current Bank Rate Inflation Target 0.5%
View past decisions Next due:
16 Jun 2016
Monetary Policy Summary and Minutes Inflation Target 12 May
Quantitative Easing Asset Purchase Programme Inflation Target £375 bn
More information Next due:
16 Jun 2016
Current Inflation Inflation Target 0.3%
Target 2.0% Next due:
14 Jun 2016

 Follow us