Bank of England

The Bank of England (BoE) is the UK's central bank. Amongst other responsibilities, the bank independently adjusts its core interest rate in order to keep inflation close to the country's 2% target. The BoE also regulates and supervises all major UK banks, building societies, credit unions, and investment firms.

Stories Related to Bank of England

UK Inflation Hits 19-Month High at 3.8% in July

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Bank of England Cuts Interest Rates to 4%

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Claims from Bank of England

Bank of England“Monetary policy cannot affect global energy prices; our job is to make sure that higher inflation does not persist and have long-lasting effects on the economy. We are monitoring the situation very closely.”Jun 18, 2026

Controversy:Will the Bank of England Raise Interest Rates Above 4.0% Before the End of 2026?

CNBC

Bank of England"We think it [inflation] is likely to be around 2% in the coming months, due [to] energy prices being lower than they were a year ago."Mar 23, 2023

Controversy:When Will Inflation Reach the Bank of England’s 2% Target?