Collection

HMT monetary policy remit

This series brings together all documents relating to HMT monetary policy remit.

• From: HM Treasury
• Published: 20 September 2013
• Last updated: 26 November 2025 — See all updates

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

• Monetary policy remit: Budget 2025
  • 26 November 2025
  • Correspondence
• Monetary policy remit: Mansion House 2024
  • 15 November 2024
  • Correspondence
• Monetary policy remit: Autumn Statement 2023
  • 22 November 2023
  • Correspondence
• Monetary policy remit: Autumn Statement 2022
  • 17 November 2022
  • Correspondence
• Monetary policy remit: Autumn Budget and Spending Review 2021
  • 27 October 2021
  • Correspondence
• Monetary policy remit: Budget 2021
  • 3 March 2021
  • Correspondence
• Monetary policy remit: Budget 2020
  • 11 March 2020
  • Correspondence
• Monetary policy remit: Budget 2018
  • 29 October 2018
  • Correspondence
• Monetary policy remit: Autumn Budget 2017
  • 22 November 2017
  • Correspondence
• Monetary policy remit: Spring Budget 2017
  • 8 March 2017
  • Correspondence
• Monetary policy remit: Budget 2016
  • 16 March 2016
  • Correspondence
• Monetary policy remit: Budget 2015
  • 18 March 2015
  • Correspondence
• Monetary policy remit 2015
  • 14 January 2015
  • Correspondence
• Monetary policy remit: 2014
  • 19 March 2014
  • Correspondence
• Chancellor’s response to the Monetary Policy Committee’s assessment ‘Monetary policy trade-offs and forward guidance’
  • 7 August 2013
  • Correspondence
• Monetary policy remit, 2013
  • 20 March 2013
  • Correspondence
• Review of the monetary policy framework
  • 20 September 2013
  • Policy paper
• Monetary policy remit, 2012
  • 21 March 2012
  • Correspondence
• Monetary policy remit: 2011
  • 22 March 2011
  • Correspondence

Published 20 September 2013

Last updated 26 November 2025 + show all updates

1. 26 November 2025

   Monetary policy remit: Budget 2025 added.

2. 15 November 2024

   Clarifying the frequency with which the monetary policy remit must be specified.

3. 15 November 2024

   Updated with Monetary policy remit: Mansion House 2024

4. 22 November 2023

   Updated with: Monetary policy remit: Autumn Statement 2023

5. 17 November 2022

   Updated with: Monetary policy remit: Autumn Statement 2022.

6. 28 October 2021

   Added: 'Monetary policy remit: Autumn Budget and Spending Review 2021'

7. 15 March 2021

   Monetary policy remit: Budget 2021 was added

8. 11 March 2020

   The page has been updated with the HMT monetary policy remit 2020.

9. 29 October 2018

   Updated with Monetary policy remit: Budget 2018

10. 22 November 2017

    Updated with monetary policy remit: Autumn Budget 2017

11. 8 March 2017

    Spring Budget 2017 update published

12. 16 March 2016

    Link to monetary policy remit for Budget 2016 added

13. 18 March 2015

    Budget 2015 update published

14. 14 January 2015

    added 2015 remit for the Monetary Policy Committee

15. 19 March 2014

    added Monetary policy remit, 2014

16. 20 September 2013

    First published.