United Kingdom · Question · Written question
UIN 86576
Banks: Finance
Introduced
14 November 2022
Last action
17 November 2022 · Answer
Status
Answered
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Subjects
Discovery layer
Source updated
17 November 2022
Summary
To ask the Chancellor of the Exchequer, what estimate he has made of the amount of public funds that commercial banks will receive as a result of expected interest rate increases in the next 12 months; and what assessment he has made of the impact of that
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Timeline
14 November 2022
Written question
To ask the Chancellor of the Exchequer, what estimate he has made of the amount of public funds that commercial banks will receive as a result of expected interest rate increases in the next 12 months; and what assessment he has made of the impact of that
Source: Commons
17 November 2022
Answer
The Bank transmits Bank Rate to the economy in part through the remuneration and supply of central bank reserves. Much of these reserves have funded asset purchases made by the Asset Purchase Facility (APF), which is a Bank of England facility, principall...
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/2022-11-14/86576
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1541920
- uk · wq-1541920 · source updated 17 November 2022