Government Securities
Lords · Question HL3076 · Tabled 3 Sep 2026 · Treasury · Official record
Answered 17 Sep 2026
Question
Asked by Lord Kinnock
To ask His Majesty's Government what estimate they have made of the effect of bond sales by the Bank of England, undertaken because of quantitative tightening, on long-term borrowing rates; and what assessment they have made of the additional 30 basis poi
Answer
Answered by Lord Pitt-Watson, 17 Sep 2026
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 the pace of quantitative easing and quantitative tightening, is the re...