Bank of England Press Releases - EIN Presswire - Press Release Distribution Service

Published on September 4, 2026 - 13:57 GMT

The institutional form of independent central banks: from history to contemporary challenges - speech by Andrew Bailey

I would like to reflect on independent central banks as institutions, and how their authority is grounded and is challenged. On 3rd September 1780 (246 years ago yesterday) a 23 year old aide to George Washington wrote that: “the Bank of England unites …

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Published on September 4, 2026 - 13:46 GMT

Innovation, financial frictions, and persistent effects of monetary policy

Aydan Dogan and Ozgen Ozturk We study how the financing of innovation shapes the transmission of monetary policy to productivity. Using US firm balance-sheet data matched to loan contracts, we show that contractionary monetary policy shocks reduce cash …

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Published on September 4, 2026 - 13:46 GMT

Macroeconomic dynamics of the output floor

Jonathan Acosta-Smith, Marzio Bassanin and Ivy Sabuga We assess the macroeconomic effects of the output floor, a new regulatory constraint introduced as part of the Basel III framework. The output floor is designed to provide a backstop against excessively …

Distribution channels: Banking, Finance & Investment Industry

Published on September 4, 2026 - 08:36 GMT

Monthly Decision Maker Panel data - August 2026

The August 2026 DMP survey was conducted between 7-21 August 2026 and received 2,012 responses. Firms reported that their realised annual own-price growth was 3.7% in the three months to August, 0.1 percentage points lower than firms reported in the three …

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Published on September 3, 2026 - 15:06 GMT

Homophones – Remarks by Huw Pill

Thanks to our hosts at the Edinburgh Chamber of Commerce for the opportunity to speak at the roundtable this evening.[1] As a member of the Bank of England’s Monetary Policy Committee, it is always a pleasure to engage with the business community here in …

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Published on September 2, 2026 - 14:14 GMT

Frontier AI: Harness engineering

One of the practical challenges in applying frontier AI to cyber defence is deciding how much organisational information the model and harness should be allowed to access. Model effectiveness is highly dependent on the quality and relevance of …

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Published on August 28, 2026 - 15:05 GMT

A welfare analysis of the central bank balance sheet

William Pagel What is the socially optimal long-run size of the central bank balance sheet, once interest rates are away from the effective lower bound and the balance sheet is no longer needed for monetary stimulus? I introduce a central bank into a model …

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Published on August 28, 2026 - 15:05 GMT

Locking in the rate or staying flexible? Mortgage refinancing around an interest rate shock

Philippe Bracke, João F. Cocco, Elena Markoska and Purnoor Tak This paper examines UK mortgage refinancing around the 23 September 2022 mini-budget interest rate shock, exploiting predetermined expiry dates of discounted two and five year fixed-rate …

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Published on August 28, 2026 - 15:05 GMT

How do firms cope with economic shocks in real time?

Thiemo Fetzer, Christina Palmou, Jakob Schneebacher and Ivan Yotzov In a turbulent world, effective policy requires granular estimates of firm responses to shocks as they unfold. We develop a replicable framework that combines high-frequency administrative …

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Published on August 27, 2026 - 14:35 GMT

Delay to the November 2026 RTGS standards release

On 27 August 2026, Swift announced its decision to delay the November 2026 Swift Standards Release based on industry’s request for additional time to prepare for the removal of the unstructured postal address format following concerns about global …

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Published on August 21, 2026 - 18:09 GMT

Capital gains taxation and asset price volatility

Pau Belda Do capital gains tax cuts destabilize or stabilize asset prices? In an asset pricing model with heterogeneous agents and realization-based taxation, a tax cut has two opposing effects. It dampens volatility by reducing realization-based trading …

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Published on August 21, 2026 - 18:09 GMT

Productivity and inflation dynamics

Ludovica Ambrosino, Jenny Chan and Silvana Tenreyro How does higher productivity affect inflation? Productivity shifts both supply and demand (through real incomes), and its effect on inflation depends on their relative magnitude and timing, as well as on …

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Published on August 14, 2026 - 14:44 GMT

Outsourcing and competition in the banking sector: the rise of Cloud Service Providers

Alvaro Contreras, Peter Eccles and Paolo Siciliani Cloud outsourcing may alter competition in banking by allowing smaller competitors to access scalable digital infrastructure. This paper studies the effects of banks’ outsourcing agreements with Cloud …

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Published on August 11, 2026 - 14:08 GMT

Results of the Semi-Annual FX Turnover Surveys in April 2026

In April 2026, 25 financial institutions active in the UK foreign exchange (FX) market participated in the semi-annual turnover survey for the Foreign Exchange Joint Standing Committee (FXJSC). The survey results are summarised below. Detailed tables for …

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Published on August 6, 2026 - 16:29 GMT

Green notice 2026/02

Following the publication of Green Notice 2026/01 and the associated consultation on the proposal to discontinue the collection and publication of Form BN data, we are issuing this follow up notice to provide an update on our assessment and outline next …

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Published on August 5, 2026 - 11:42 GMT

Artificial Intelligence Consortium minutes – June 2026

Item 1: Welcome remarks Co-chair David Geale welcomed attendees to the AI Consortium’s (AIC) fourth quarterly meeting, held at the FCA’s offices. Co-chair Sarah Breeden noted that the rapid pace of AI development in financial services underscores the …

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Published on August 4, 2026 - 11:06 GMT

Asset Purchase Facility Quarterly Report - 2026 Q2

Overview This Report contains information on the Bank of England’s Asset Purchase Facility (APF) for 2026 Q2. The APF’s stock of gilt holdings and changes from 1 April 2026 to 30 June 2026 are detailed in the section ‘APF operations in the past quarter’. …

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Published on August 3, 2026 - 11:36 GMT

Appointment of Chair and Deputy Chair of the Enforcement Decision Making Committee (EDMC)

News release Following an external recruitment process, the Bank of England (the Bank) has appointed Nicholas Segal as Chair of its Enforcement Decision Making Committee (EDMC), and Peter King as Deputy Chair, with effect from 1 August 2026. The EDMC is …

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Published on July 31, 2026 - 11:15 GMT

Market Participants Survey results - July 2026

Overview This survey forms part of the Bank’s quantitative market intelligence gathering. It is formulated by Bank of England staff, and enhances policymakers’ understanding of market expectations. The questions involve topics that are widely discussed in …

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Published on July 30, 2026 - 15:01 GMT

Minutes of the Meeting of the Court of Directors held on 4 June 2026

(Afua Kyei, James Bell, Jane Cathrall, Matt Cartledge, Aarti Sharma, Chris Peacock, Javier Faiz and Rhys Taylor, EY Auditors) The Finance team provided an overview of the final accounts and supporting review processes for the 2025/26 Financial Year. Afua …

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