2 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.

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 · 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.

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.

Jan 15, 2025 · Statement 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 our use of optional ...

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

Jan 3, 2025 · 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.

The Bank of England is establishing an Artificial Intelligence Consortium. Its purpose is to provide a platform for public-private engagement to gather input from stakeholders on the capabilities, development, deployment and use of AI in UK financial services.

Jan 23, 2025 · Bank of England Agenda for Research, 2025-2028 Fintech The Future of Finance - our response

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.