Bank of England News

PRA Proposes Bank Liquidity Reforms and Stress Tests

The Prudential Regulation Authority (PRA) has published proposals to reform bank liquidity standards, focusing on the ability to monetize liquid assets during stress events. The consultation aims to ensure banks are operationally prepared for rapid outflows and to update standards based on recent market events.

Bank of England Speech on Modernising UK Liquidity Framework

The Bank of England's Prudential Regulation Authority (PRA) has proposed reforms to modernise the UK's liquidity framework for banks and building societies. These targeted reforms aim to strengthen firms' ability to monetise assets and improve operational readiness, drawing on lessons from recent banking turmoil.

Andrew Bailey Speech on Cross-Border Payments Reform Progress

Andrew Bailey, Chair of the Financial Stability Board, delivered a speech on March 12, 2026, discussing progress on the G20 Cross-border Payments Roadmap. He highlighted achievements and outlined remaining challenges, calling for continued commitment from public authorities and the private sector to improve global payment outcomes.

Museum Easter Holiday Activity Trail

The Bank of England Museum is hosting a free Easter holiday activity trail from March 30 to April 10, 2026. The 'Learning is Golden' trail features activities for families led by the museum's new mascot, Gary the Gold Bar.

Bank of England Weekly Report Assets and Liabilities

The Bank of England published its weekly report on 12 March 2026, detailing assets and liabilities as of 11 March 2026. The report provides data on sterling and foreign currency assets and liabilities, including reserve balances and various operational holdings.

PRA Data Collection and Dialogue Speech

Vicky White of the PRA delivered a speech on March 12, 2026, discussing the importance of data in regulatory supervision and policymaking. The speech highlighted how data facilitates dialogue between the PRA and regulated banks, and outlined the goals of the Future Banking Data programme to reduce reporting costs while ensuring data quality.

PRA Fines UK Insurance Limited £10,625,000 for Solvency II Miscalculation

The Prudential Regulation Authority (PRA) has fined UK Insurance Limited (UKI Limited) £10,625,000 for miscalculating its Solvency II balance sheet during 2023-2024, leading to an overstatement of solvency. This is the first enforcement action where the PRA's Early Account Scheme was utilized.

Bank of England to feature UK wildlife on banknotes

The Bank of England announced that UK wildlife will feature on the next series of banknotes following a public consultation. A second consultation will be held this summer to determine specific wildlife choices. The new banknotes will incorporate the latest anti-counterfeiting technology and are expected to be issued in a few years.

UK Mortgage Lending Statistics Q4 2025

The Bank of England's Q4 2025 Mortgage Lenders and Administrators Statistics show outstanding mortgage loans increased by 0.8% to £1,734.4 billion. Gross mortgage advances decreased by 1.3% to £79.4 billion, while new commitments fell by 11.9%. The share of lending with high LTV and LTI ratios increased.

UK MFI External Business Statistics Q4 2025

The Bank of England has published the UK MFI external business statistics for Q4 2025. This release incorporates updated country grouping conventions aligned with the Bank for International Settlements (BIS). External liabilities increased by $114.1 billion and claims by $109.5 billion in Q4 2025.