Written Question·Treasury·UIN 50462

Bank of England

Tabled: 7 May 2025
Answered: 13 May 2025

Question

Sir John Hayes

Conservative — South Holland and The Deepings

To ask the Chancellor of the Exchequer, whether she has had recent discussions with the Governor of the Bank of England on moving to a two-tier system for reserve remuneration.

Answer

Emma Reynolds
The Chancellor regularly meets with the Governor of the Bank of England to discuss matters relating to economy and the Bank’s progress towards meeting its price stability targets. The government continues to support the Bank’s independence to carry out it...
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