Government Securities
Lords · Question HL10588 · Tabled 16 Sep 2025 · Treasury · Official record
Answered 26 Sep 2025
Question
Asked by Lord Kinnock
To ask His Majesty's Government what discussions they have had with the Bank of England about suspending its quantitative tightening policy of selling bonds accumulated through quantitative easing, as opposed to allowing maturing debt to expire.
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...