United Kingdom · Question · Written question
UIN 39963
Bank of England
Original
Introduced
20 March 2025
Last action
25 March 2025 · Answer
Status
Answered
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Subjects
Discovery layer
Source updated
25 March 2025
Summary
To ask the Chancellor of the Exchequer, if she will make an estimate of the potential cost to the public purse of the Bank of England's Quantitative Tightening programme (a) since July 2024 and (b) since its commencement in November 2022.
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Timeline
20 March 2025
Written question
To ask the Chancellor of the Exchequer, if she will make an estimate of the potential cost to the public purse of the Bank of England's Quantitative Tightening programme (a) since July 2024 and (b) since its commencement in November 2022.
Source: Commons
25 March 2025
Answer
Since October 2022, HM Treasury has transferred £85.9bn to the Bank of England to cover losses arising from the Asset Purchase Facility, of which £25bn was transferred since July 2024. This covers losses incurred from net interest costs and the sale and r...
Source: Written answer
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2025-03-20/39963
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1786946
- uk · wq-1786946 · source updated 25 March 2025