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Skip to main content Main menu Close main menu * Topics Open Topics sub menu * Back to main menu * Banknotes Open Banknotes sub menu * Back to main menu * Choosing banknote characters * Counterfeit banknotes * Current banknotes * Damaged and contaminated banknotes * Exchanging old banknotes * Note Circulation Scheme * Advice for retailers and businesses * Scottish and Northern Ireland banknotes * Using images of banknotes * Wholesale cash distribution in the future * Withdrawn banknotes * Careers Open Careers sub menu * Back to main menu * Application tips * Career Returner Programme 2025 * Future talent * Our locations * Research careers * We value diversity and inclusion * What we offer you * Why you should join us * Climate change * Digital pound * Education Open Education sub menu * Back to main menu * Competitions * Education resources * Research support programme * Request a speaker for your school * Financial stability Open Financial stability sub menu * Back to main menu * Digital Securities Sandbox (DSS) * Financial market infrastructure supervision * Operational resilience of the financial sector * Resolution * Trade Repository (TR) Data Collections * Gold * Markets Open Markets sub menu * Back to main menu * Bank of England Market Operations Guide * Eligible collateral * Fair and Effective Markets * Foreign currency reserves * Greening our Corporate Bond Purchase Scheme (CBPS) * Market intelligence * Money Markets Committee and UK Money Markets Code * Settlement and collateral management * SONIA interest rate benchmark * The Sterling Bond Portfolio * Transition from LIBOR to risk-free rates * Monetary policy Open Monetary policy sub menu * Back to main menu * Inflation and the 2% target * Quantitative easing * Interest rates and Bank Rate * Payment and settlement Open Payment and settlement sub menu * Back to main menu * Banking services * CHAPS * Cross-border payments * Payment and settlement statistics * RTGS Renewal Programme * Prudential regulation Open Prudential regulation sub menu * Back to main menu * Authorisations * New Bank Start-up Unit * New Insurer Start-up Unit * Policy * Prudential and Resolution Policy Index * Regulatory reporting * Our secondary objectives * Supervision * The Bank of England’s approach to enforcement * Research Open Research sub menu * Back to main menu * Bank of England Agenda for Research * Fintech * The Future of Finance - our response * Research Visitor Programme * Research funding and fellowships * Researchers * Statistics Open Statistics sub menu * Back to main menu * Banknote statistics * Bankstats tables * Data collection * Exchange rates * Gold statistics * Gross Domestic Product Real-Time Database * Option-implied probability density functions * Research datasets * Statistics requested by users * Yield curves * About Open About sub menu * Back to main menu * Get involved Open Get involved sub menu * Back to main menu * Citizens’ Forum * Community forums * Partners * Insights Forum * Youth voice * Governance and funding Open Governance and funding sub menu * Back to main menu * Staff codes and policies * History * Our people Open Our people sub menu * Back to main menu * Agents * Chief Cashiers * Court of Directors * Executive Directors * Financial Policy Committee * Financial Market Infrastructure Committee * Governors * Monetary Policy Committee * Prudential Regulation Committee * News and publications Open News and publications sub menu * Back to main menu * Events * News and minutes * Prudential regulation publications * Publications * Speeches * Statistical releases * Upcoming * Museum * Contact THE BANK OF ENGLAND Promoting the good of the people of the United Kingdom by maintaining monetary and financial stability. Search Nothing searched for. Please enter a search term. Financial Stability Report - November 2024 4.75% Current Bank Rate Next due: 19 December 2024 2.3% Current inflation rate Target: 2% GETTING THE BALANCE RIGHT: ENSURING THE BANK’S BALANCE SHEET CAN SUPPORT FINANCIAL STABILITY − SPEECH BY DAVE RAMSDEN Given at the Official Monetary and Financial Institutions Forum, London Read more about Getting the balance right: ensuring the Bank’s balance sheet can support financial stability − speech by Dave Ramsden FINANCIAL POLICY COMMITTEE RECORD – NOVEMBER 2024 Our Financial Policy Committee (FPC) meets to identify risks to financial stability and agree policy actions aimed at safeguarding the resilience of the UK financial system. Read more about Financial Policy Committee Record – November 2024 FINANCIAL STABILITY REPORT - NOVEMBER 2024 The Financial Stability Report sets out our Financial Policy Committee's view on the stability of the UK financial system and what it is doing to remove or reduce any risks to it. 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NEWS & EVENTS Statistics // Mortgage Lenders and Administrators (MLAR) 10 December 2024 MORTGAGE LENDERS AND ADMINISTRATORS STATISTICS... MORTGAGE LENDERS AND ADMINISTRATORS STATISTICS - 2024 Q3 Speech // Dave Ramsden 09 December 2024 GETTING THE BALANCE RIGHT: ENSURING THE BANK’S... GETTING THE BALANCE RIGHT: ENSURING THE BANK’S BALANCE SHEET CAN SUPPORT FINANCIAL STABILITY − SPEECH... Publication // Discussion paper 09 December 2024 TRANSITIONING TO A REPO-LED OPERATING FRAMEWORK TRANSITIONING TO A REPO-LED OPERATING FRAMEWORK Prudential Regulation // Statement 09 December 2024 PRA STATEMENT ON INDEXED LONG-TERM REPO (ILTR)... 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