On 5 May 2026, the Bank of England posted two letters exchanged between the Governor and the Chancellor regarding the Asset Purchase Facility. The Governor’s letter was addressed to the Chancellor, and the Chancellor’s response followed. Both documents are listed under the Bank’s “News and publications” section and are available for download via the provided links. The release states that the letters outline the parties’ positions on the facility’s operation and future policy direction. No additional commentary or analysis is included in the publication. The exchange is part of the Bank’s public disclosure of monetary policy matters.
© Governor and Company of the Bank of England.
Summary adapted from the Bank of England website (https://www.bankofengland.co.uk ).
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