Question follow-through · 39963
Bank of England
To ask the Chancellor of the Exchequer, if she will make an estimate of the potential cost to the public purse of the Bank of England's Quantitative Tightening programme (a) since July 2024 and (b) since its commencement in November 2022.
About this written question
A written question asks a government minister for information in writing. Parliament publishes the question and any answer.
- Answering body
- Treasury
- Tabled
- 20 Mar 2025
- Target answer date
- 25 Mar 2025
- Answer
- 25 Mar 2025 · 5 calendar days after tabling
Elapsed calendar days describe the record timeline, not whether Parliament considers an answer on time.
Recorded timeline
20 Mar 2025
Question tabled
To ask the Chancellor of the Exchequer, if she will make an estimate of the potential cost to the public purse of the Bank of England's Quantitative Tightening programme (a) since July 2024 and (b) since its commencement in November 2022.
25 Mar 2025
Target answer date
Date supplied by the official written-questions record.
25 Mar 2025
Answer published
Since October 2022, HM Treasury has transferred £85.9bn to the Bank of England to cover losses arising from the Asset Purchase Facility, of which £25bn was transferred since July 2024. This covers losses incurred from net interest costs and the sale and r...
Official data retrieved 28 Sept 2026.
Later records
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