Government Securities
Lords · Question HL10587 · Tabled 16 Sep 2025 · Treasury · Official record
Answered 26 Sep 2025
Question
Asked by Lord Kinnock
To ask His Majesty's Government what losses have been sustained by the Treasury since 2022 as a result of the Bank of England's decision to sell bonds as part of its policy of quantitative tightening.
Answer
Answered by Lord Livermore, 26 Sep 2025
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...