Bank Rate reduced to 4% - August 2025
The Bank of England’s Monetary Policy Committee is responsible for making decisions about Bank Rate.
Bank of England
Minutes of the Meeting of the Court of Directors held on 6 June 2025
The Bank's Court of Directors acts as a unitary board, setting the organisation's strategy and budget and taking key decisions on resourcing and appointments. Required to meet a minimum seven times per year, it has five executive members from the Bank and up to nine non-executive members.
Prudential Regulation Authority unveils options to enhance competition in the mortgage market
The Prudential Regulation Authority has unveiled a series of possible options to make it easier for mid-sized firms to scale-up and compete in the residential mortgage market, and is now opening a wide discussion with industry on how best to do so.
Minutes of the UK Money Markets Code Sub-Committee – June 2025
The Money Markets Committee is a forum for market participants and authorities to discuss the UK unsecured deposits and funding market and securities lending and repo markets.
Jackie Bennett OBE re-appointed as Residential Property Forum Chair
Jackie Bennett OBE has been re-appointed for a second term as the Chair for the Residential Property Forum (RPF) – a Bank of England convened, industry-led group, which helps monitor the residential property sector in the UK.
The PRA fines Barents Reinsurance S.A., London Branch £1,785,000 for internal controls, governance and reporting failures
The Prudential Regulation Authority has fined Barents Reinsurance S.A., London Branch £1,785,000 for failing to organise and control its affairs responsibly and effectively, as well as governance and regulatory reporting failures
PRA to accelerate authorisations for UK Insurance Special Purpose Vehicles
Today, the Prudential Regulation Authority (PRA) published policy statement (PS) 9/25 containing its final policy and its feedback to responses received to consultation CP15/24.
Results of the Foreign Exchange Joint Standing Committee (FXJSC) Turnover Survey for April 2025
See the headline results from an April 2025 survey of 25 financial institutions that are active in the UK foreign exchange market.
Bank of England and Financial Conduct Authority – Memorandum of Understanding on the supervision of Financial Market Infrastructure
Joint statement from the Bank of England and Financial Conduct Authority
Marjorie Ngwenya reappointed to the Prudential Regulation Committee
The Economic Secretary to the Treasury has today confirmed the reappointment of Marjorie Ngwenya as an External Member of the Prudential Regulation Committee (PRC).
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