The Bank of England is independent, from the UK government, but that doesn’t mean we’re not held to account. 🏛️ We regularly report to Parliament, answering questions from MPs on key issues like inflation, the economy, and financial stability. Through regular reports and committee hearings, we stay transparent and accountable. 📊🔍 | Bank of England
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Discover the origins of the Bank of England! In 1694, 1,500 people-including King William and Queen Mary-invested in a venture to raise £1.2 million for the Government. From chemists like Thomas Smith investing £25 to royalty contributing £10,000, their stories are preserved in this ledger. 🤯 Our Archive holds over 80,000 items, capturing the Bank’s 300-year history. Explore it for yourself, our Archive is open to the public! | Bank of England
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Sky’s Ed Conway explains Bank of England interest rates rise. The Bank of England’s base interest rate is now its highest in 15 years at 5% but the Bank signalled support for further rises. 🔗 Click the link in bio to read more #boe #bank #bankofengland #inflation #interest #mortgage | Sky News
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Interest rates are on a knife edge as the Bank of England makes one of its toughest decisions ever, about whether to raise them by 0.25%, or keep them at 5.25%. It comes after inflation unexpectedly fell slightly on Wednesday. | Good Morning Britain
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The Bank of England has raised interest rates by 0.75% to 3%, the biggest increase in decades, and warned the UK could be on course for the longest recession since records began. Paul McNamara reports. | Channel 4 News
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