Correspondence

Remit and recommendations for the Financial Policy Committee: Budget 2025

Letter from the Chancellor of the Exchequer to the Governor of the Bank of England providing recommendations for the Financial Policy Committee (FPC).

• From: HM Treasury
• Published: 26 November 2025
• Last updated: 6 January 2026 — See all updates

Documents

Remit and recommendations for the Financial Policy Committee: Budget 2025

PDF, 1.01 MB, 8 pages

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Remit and recommendations for the Financial Policy Committee: Budget 2025

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Response from the Financial Policy Committee

PDF, 268 KB, 18 pages

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Details

This is the annual remit for the Financial Policy Committee (FPC) for 2025, as set by the Chancellor. The remit makes recommendations to the Committee on its responsibilities and priorities in relation to its primary financial stability objective and secondary objective to support the government’s economic policy.

The FPC is required to respond to the government, setting out any action it has taken or intends to take in response to a specific recommendation and, if appropriate, any reasons why it does not intend to act on a recommendation.

Published 26 November 2025

Last updated 6 January 2026 + show all updates

1. 6 January 2026

   Response from the Financial Policy Committee added.

2. 26 November 2025

   First published.