Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
Monday 31 March 2014 5:18 am

Bank of England will take just one day to decide to do nothing this April

By: Peter Spence

Add as a preferred source on Google

Other commitments will keep the Bank of England's Monetary Policy Committee from taking their usual two days to ponder changes to monetary policy this April.

Instead of meeting for both the 9 April and 10 April, interest rate setters will (probably) decide that it's not worth changing policy in just one day.

The Bank hasn't changed interest rates since they were cut to historic lows in 2009.

Minutes will be released some two weeks after, but they're not really minutes – more of a press release. The Bank of England doesn't actually release transcripts at all, let alone store them. Recordings of meetings are routinely deleted after those minutes are agreed upon.

If the UK's central bank really wanted to be transparent, then it would stop destroying those historical records immediately.

The Bank's full statement:

In order to accommodate some members’ attendance at international meetings in Washington DC on Thursday 10 April, the MPC’s policy meeting scheduled for 9-10 April will take place on Wednesday 9 April only. The decision will still be announced at the originally scheduled time of 12.00 hrs (BST) on Thursday 10 April.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business

Related Topics

  • Bank of England

Trending Articles

  • I’ve taken the best train trips in the world. Here are my 5 favourites

  • Nothing fails to file accounts months after dissolution threat

  • Nottingham Forest owner Marinakis announces £210m stadium plans

  • Harry Styles at Wembley Stadium review: running through the grief

  • Burnham tax plans spark investor rush to bank capital gains

More from City PM

  • Bank of England chief economist ‘not trying to be a troublemaker’ on rates split

    Economics
    Chief economist Huw Pill said "consistency" was key to the Bank of England's quantitative tightening programme (Photo by: Graeme Sloan/Bloomberg via Getty Images)
  • Inflation expectations at record high in interest rates signal

    Economics
    Bank of England building on Threadneedle Street, London, showcasing its historic architecture and financial significance
  • Interest rate cut is ‘off the table’, says Bank of England governor

    Economics
    Governor Andrew Bailey has launched a defence of the Federal Reserve's independence.
  • The Bank of England is keeping Britain in the waiting room

    Opinion
    Andrew Bailey, Bank of England governor, discusses economic policy during a press conference at the central bank headquart...
  • Interest rates set to be held as inflation to remain ‘elevated’ despite Iran peace deal

    Economics
    For the first time in months, economists are unsure whether the Bank of England will cut interest rates.
  • Are we about to see one of the biggest shifts in monetary policy since the financial crisis?

    Opinion
  • Bank of England to ‘tolerate slow return’ to inflation target as interest rates held

    Economics
    Bank of England Governor Andrew Bailey said cited several indicators that the labour market was softening.
  • Bank of England should hold interest rates, City PM Shadow MPC says

    Economics
    Bailey Boe in professional attire speaking at a business conference with a presentation screen in the background.

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy