1 day 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.

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.

Aug 1, 2024 · What is Bank Rate? 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 …

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.

Dec 20, 2022 · There are over 4.6 billion Bank of England notes in circulation. Together they are worth about £82 billion.

Latest and upcoming releases from the Bank of England

Dec 30, 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 …

Jan 15, 2025 · This timeline follows the Bank’s standard release policy, which is based on that used by The UK National Archives. Further information about the Monetary Policy Committee (MPC) is available on the monetary policy page.

The MPC adopts a medium-term and forward-looking approach to determine the monetary stance required to achieve the inflation target sustainably. At its meeting ending on 31 July 2024, the MPC voted by a majority of 5–4 to reduce Bank Rate by 0.25 percentage points, to 5%. Four members preferred to maintain Bank Rate at 5.25%.

The Bank of England is organising a conference on the theme “The Future of the Central Bank Balance Sheet” of the Bank of England Agenda for Research (BEAR).