Bank of England
BOE
Paper
Optimal reserve supply caps at 15 percent of bank assets
A Bank of England working paper by William Pagel finds that the optimal long-run central bank balance sheet supplies reserves up to demand satiation at roughly 15 percent of banking assets.
Focus
BOE
Paper
Rate shock pushes UK borrowers toward costly two-year mortgages
Following the September 2022 mini-budget rate shock, UK households shifted toward more expensive two-year fixed mortgages over five-year deals, a Bank of England study finds.
BOE
Paper
Small firms raise prices while large firms absorb energy shocks
A Bank of England study finds that energy-intensive UK firms coped with the 2021–2023 price shock by raising prices, building cash reserves, and expanding homeworking.
Latest
BOE
Press
November 2026 RTGS standards release deferred in full
A planned upgrade to the UK Real-Time Gross Settlement system and CHAPS messaging has been deferred in its entirety from November 2026.
BOE
Paper
Capital gains tax cuts raised US equity volatility 35 percent
A Bank of England working paper finds that US capital gains tax cuts since the 1970s increased stock price-dividend volatility by 35 percent.
BOE
Paper
Productivity growth lifts inflation when demand outpaces capacity
A Bank of England working paper finds that productivity growth is not inherently disinflationary and can drive consumer prices higher.
More Topics
BOE
Paper
Cloud adoption boosts small bank market share and depositor welfare
Cloud outsourcing reduces technological barriers in banking, driving deposit growth for smaller UK institutions and raising depositor welfare by 11.2 percent, according to a Bank of England working paper.
BOE
Data
UK daily FX turnover hits record $4.61 trillion in April 2026
Average daily UK foreign exchange turnover reached a record high of $4,609 billion in April 2026, according to the Bank of England's semi-annual survey.
BOE
Press
Form BN reporting maintained after ONS national accounts feedback
The Bank of England has paused plans to discontinue Form BN data collection following consultation feedback from the Office for National Statistics.
BOE
Press
Roundtable set for September on UK captive insurance framework
The Prudential Regulation Authority will hold a hybrid industry roundtable on 17 September 2026 to discuss proposals for a tailored UK captive insurance regime set out in CP11/26. Registration closes on 4 September 2026, ahead of the consultation deadline on 14 October 2026.
BOE
Press
AI contagion and provider concentration create financial system risks
The Bank of England and FCA's AI Consortium analyzed systemic risks from rapid artificial intelligence adoption during its fourth quarterly meeting.
BOE
Press
Nicholas Segal and Peter King to lead EDMC
The Bank of England has appointed Nicholas Segal as Chair and Peter King as Deputy Chair of its Enforcement Decision Making Committee, effective 1 August 2026.