Open letters between HM Treasury and BOE, December 2025

18 December 2025

Documents

Letter from the Chancellor of the Exchequer to the Governor of the Bank of England (18/12/2025)

PDF, 101 KB, 2 pages

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Letter from the Governor of the Bank of England to the Chancellor of the Exchequer (18/12/2025)

PDF, 151 KB, 4 pages

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Details

The remit for the Monetary Policy Committee (MPC) requires an exchange of open letters between the Governor of the Bank of England and the Chancellor of the Exchequer if inflation moves away from the target by more than 1 percentage point in either direction.

source: GOV