Richard Tice

Richard Tice

Reform UK — Boston and Skegness

Speaking in the House of Commons on 16 October 2025

Debate

Business of the House

Contribution

Three weeks ago today, I met the Governor of the Bank of England to discuss the important decisions around quantitative easing and quantitative tightening, and the Governor agreed with me that this is actually a fiscal matter. It is triggering losses of tens of billions of pounds for the taxpayer every year, and therefore the Governor would welcome more input from the Houses of Parliament on this important matter. I wrote to the Chancellor—copying in the Leader of the House—to request a debate before the Budget, because if this House had a debate and voted on a different decision to guide the Governor and the Monetary Policy Committee, it would actually help the Chancellor in her difficult decisions around the Budget.

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