Home | Bank of England
6 days ago · The Bank of England (BoE) is the UK's central bank. Our mission is to deliver monetary and financial stability for the people of the United Kingdom.
Interest rates and Bank Rate | Bank of England
Aug 1, 2024 · Bank Rate is the single most important interest rate in the UK. In the news, it's sometimes called the ‘Bank of England base rate’ or even just ‘the interest rate’. Our Monetary Policy Committee (MPC) sets Bank Rate.
What does the Bank of England do?
Founded in 1694, the Bank of England is the central bank of the United Kingdom. Sometimes known as the ‘Old Lady’ of Threadneedle Street, the Bank’s mission is to promote the good of the people of the United Kingdom by maintaining monetary and financial stability.
What does the Bank of England do?
The Bank of England has served the public for over 300 years by looking after the UK economy and financial system. Find out more about what we do. The Bank of England is unlike banks you see on the high street or use for online banking.
Bank Rate maintained at 4.75% - December 2024 | Bank of England
Aug 1, 2024 · Bank staff were expecting zero GDP growth in 2024 Q4, weaker than had been projected in the November Monetary Policy Report. Several components of the December S&P Global/CIPS UK flash PMI had fallen, including the new orders and employment indices.
Monetary policy - Bank of England
Nov 7, 2024 · Monetary policy is action that a country's central bank or government can take to influence how much money is in the economy and how much it costs to borrow. As the UK’s central bank, we use two main monetary policy tools.
News, publications and events | Bank of England
Latest and upcoming releases from the Bank of England. Our use of cookies. We use necessary cookies to make our site work (for example, to manage your session). We’d also like to use some non-essential cookies (including third-party cookies) to help us improve the site. By clicking ‘Accept recommended settings’ on this banner, you accept ...
Banknotes - Bank of England
Dec 20, 2022 · The Bank of England has been issuing banknotes for over 300 years. There are over 4.6 billion Bank of England notes in circulation. Together they are worth about £82 billion.
Statistics - Bank of England
Dec 6, 2024 · The Bank of England gathers, analyses and publishes data from financial institutions, which we use to inform our policy decisions and to supervise firms. We also publish data relating to our other activities as a central bank, such …
Money and Credit - September 2024 | Bank of England
Dec 4, 2024 · These monthly statistics on the amount of, and interest rates on, borrowing and deposits by households and businesses are used by the Bank’s policy committees to understand economic trends and developments in the UK banking system. Key points: Net borrowing of mortgage debt by individuals fell by £0.3 billion, to £2.5 billion in September.