4 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.

Sep 19, 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.

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.

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.

Bank of England Agenda for Research, 2025-2028 Fintech The Future of Finance - our response

Jan 29, 2025 · At its meeting ending on 5 February 2025, the MPC voted by a majority of 7–2 to reduce Bank Rate by 0.25 percentage points, to 4.5%. Two members preferred to reduce Bank Rate by 0.5 percentage points, to 4.25%.

Jan 30, 2025 · 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 …

Jan 29, 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 calculator uses the Consumer Price Index (CPI) as this is the measure used by the Government to set the Bank of England’s target for inflation. An alternative credible measure, which is the ONS’s lead measure of inflation, is the Consumer Price Index including Owner Occupiers’ Housing Costs (CPIH).

The Bank of England was founded as a private bank in 1694 to act as banker to the Government. Today we are the UK’s central bank. Our timeline looks at some of the highlights from our long history.