HMT monetary policy remit
This series brings together all documents relating to HMT monetary policy remit.
The Bank of England Act 1998 requires the Treasury to, at least once in every period of 12 months beginning on 1 June, specify how price stability should be defined and what the economic policy of the government consists of.
This is the monetary policy remit, which the Chancellor specifies in a letter to the Governor of the Bank of England.
Documents
Updates to this page
Last updated 15 November 2024 + show all updates
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Clarifying the frequency with which the monetary policy remit must be specified.
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Updated with Monetary policy remit: Mansion House 2024
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Updated with: Monetary policy remit: Autumn Statement 2023
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Updated with: Monetary policy remit: Autumn Statement 2022.
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Added: 'Monetary policy remit: Autumn Budget and Spending Review 2021'
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Monetary policy remit: Budget 2021 was added
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The page has been updated with the HMT monetary policy remit 2020.
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Updated with Monetary policy remit: Budget 2018
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Updated with monetary policy remit: Autumn Budget 2017
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Spring Budget 2017 update published
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Link to monetary policy remit for Budget 2016 added
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Budget 2015 update published
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added 2015 remit for the Monetary Policy Committee
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added Monetary policy remit, 2014
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First published.