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May 9, 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 is the central bank of the United Kingdom. We’re different to a bank that you would come across in the high street. That means we don’t hold accounts or make loans to the public. We issue banknotes that you spend in shops.
There’s much to gain from working for the Bank of England - from being involved in career-defining projects at the heart of the UK economy - to receiving a rewarding pay and benefits package. Search our vacancies.
Exchange rates. We publish daily spot rates against Sterling and other currencies on our database. Please note: the exchange rates are not official rates and are no more authoritative than that of any commercial bank operating in the London foreign exchange market. GBP daily rates. EUR daily rates.
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.
Dates for Monetary Policy Committee (MPC) announcements on Bank Rate and publication of MPC meeting minutes and the quarterly Monetary Policy Report.
Oct 23, 2024 · 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.
Bank of England telephone switchboard - 020 3461 4444 (Monday to Friday, 9am to 5pm)
In March 2024, the Bank of England’s (the Bank’s) Financial Policy Committee (FPC) published a Financial Stability in Focus on its macroprudential approach to operational resilience. This paper supplements that with further staff analysis and includes supporting detail and additional examples.
Use our inflation calculator to check how prices in the UK have changed over time, from 1209 to now. What would goods and services costing. Show amount. The calculator uses Consumer Price Index (CPI) inflation data from the Office for National Statistics from 1988 onward.