United Kingdom · Question · Written question
UIN 70263
Bank of England
Original
Introduced
22 July 2025
Last action
2 September 2025 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
2 September 2025
Summary
To ask the Chancellor of the Exchequer, what recent assessment she has made of the potential merits of requiring the Bank of England to pay interest on its reserves to commercial banks.
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Timeline
22 July 2025
Written question
To ask the Chancellor of the Exchequer, what recent assessment she has made of the potential merits of requiring the Bank of England to pay interest on its reserves to commercial banks.
Source: Commons
2 September 2025
Answer
The Bank of England has operational independence from the government to carry out its statutory responsibilities for monetary policy and financial stability. Monetary policy, including quantitative easing, is the responsibility of the independent Monetary...
Source: Written answer
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- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2025-07-22/70263
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1826243
- uk · wq-1826243 · source updated 2 September 2025