Bank of England NI

We were delighted to welcome David Roberts (Chair of Court), Tom Shropshire (Non-Executive Director), Frances Hill (Agent) and Gillian Anderson (Deputy Agent) from the Bank of England to the College to talk about the workings of the Bank of England and their career development.

Privileged to chair the 6th N Ireland @bankofengland @BoENIreland Citizens' Panel tonight. The interaction with David Roberts BoE Board Chair and Tom Shropshire nonExec BoE Board Member provided xlnt insight & an opportunity to hear panel attendees experiences #BoECitizensPanel

We recently welcomed senior officials from the Bank of England to visit the site of Weavers Cross and Belfast Grand Central Station where construction work on the new state of the art integrated transport facility continues to progress at pace. @boenireland

You can still use any polymer banknotes that feature Her late Majesty Queen Elizabeth II. Banknotes featuring Queen Elizabeth II and the King will be in circulation at the same time. b-o-e.uk/3T44xTW

Today we have announced that banknotes featuring the portrait of King Charles III will be issued from 5 June 2024. For more information on the King Charles III banknotes see here: b-o-e.uk/49KGP4H

Join us for our Citizens’ Panel in Belfast on Thursday 29 February at 5.45pm. Have your say on how the economic situation is affecting you. Sign up here: b-o-e.uk/49v46Ho Registration closes 20 February. @BoENIreland

Our job is to make sure that inflation returns to our 2% target. Higher interest rates will ensure inflation comes down. b-o-e.uk/mpr-feb-2024 #MonetaryPolicyReport

The Monetary Policy Committee voted by a majority of 6–3 to maintain #BankRate at 5.25%. Find out more in our #MonetaryPolicyReport: b-o-e.uk/mpr-feb-2024

Today, we respond to the digital pound consultation. We are grateful to those who contributed. With @HMTreasury work continues to explore a digital pound in the design phase, but no decision has been made to issue one. You can read our response here: b-o-e.uk/3U7858S

The Monetary Policy Committee voted by a majority of 6-3 to maintain #BankRate at 5.25%. b-o-e.uk/3TpicFD

Governor Andrew Bailey explains today’s interest rate decision.

Higher interest rates are helping to bring inflation down. This means the speed at which prices rise is slowing. We expect inflation to fall further this year. b-o-e.uk/MPR-Nov-2023 #inflation #MonetaryPolicyReport

The Monetary Policy Committee voted by a majority of 6-3 to hold #BankRate at 5.25%. Find out more in our #MonetaryPolicyReport: b-o-e.uk/MPR-Nov-2023

Find out the reasons behind the latest policy decisions at our Monetary Policy report briefings next week. Online Event – 7th November at 12.30pm - forms.office.com/e/5FxRMeTsGU In-Person Event – 8th November in the Stormont Hotel at 10.00am - forms.office.com/e/kTJUNZTLX4

Delighted to host a roundtable meeting with Andrew Bailey, Governor of @bankofengland in Newry City this morning with members of the local business community. The Governor provided an overview of the UK economy and also got an insight into business activity in the city.

Beautiful view for our Monetary Policy Briefing this morning at Belfast Castle

We are starting to see some promising signs. Inflation has begun to fall, the economy is growing, and unemployment is low. But, inflation is still too high. We need to take action to make it fall further. b-o-e.uk/MPR-Aug2023 #inflation

The Monetary Policy Committee voted by a majority of 6-3 to raise #BankRate to 5.25%. Find out more in our #MonetaryPolicyReport: b-o-e.uk/MPR-Aug2023

BU on the "Bank of Mum and Dad". Estimates that: i) 10% of under 45s / 28% under 25s get parental help buying 1st house ii) BoMaD boosts deposit 2.5-fold iii) BoMaD assisted buyers buy larger houses + get 1st house 4 years earlier than other FTBs bankunderground.co.uk/2023/07/25/bom…

Today we remember Jane Austen. Her contribution to literature is memorialised on the £10 banknote. It features a quote and artwork based on one of her novels – can you guess which? Find out more: b-o-e.uk/3DiMikV