Reform UK said its plan to stop the Bank of England from paying interest to commercial banks who hold quantitative easing reserves would ... Purchase Facility (APF), which houses the assets ...

Last week, MainFT’s Chris Giles argued that the Bank of England ... size, they become, according to the OECD, “a key component of a financially repressed economy”. A simple average of ...

By paying Bank Rate on those reserves, the Bank of England – and ultimately the Treasury – is having to transfer money over to the commercial banks. Cutting interest payments on those deposits ...

Several economists have spoken positively about changes to reduce the amount the Bank of England pays in interest on quantitative easing reserves ... Purchase Facility (APF), which houses the ...