Government Securities
Lords · Question HL3075 · 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 (a) gains to HM Treasury from the years of operation of quantitative easing, and (b) the losses to HM Treasury since 2022 from quantitative tightening as a result of the implementation of the
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...