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Economic Buzz: Bank of England holds key rate

18-Sep-25 17:02 Hrs IST

The Bank of England decided to hold its key interest rate and to reduce the stock of government bond purchases by GBP 70 billion over the coming twelve months.

The Monetary Policy Committee, governed by Andrew Bailey, voted 7-2 to leave the bank rate unchanged at 4.00 percent.

The bank had lowered the rate five times since August 2024 and took it to the lowest since early 2023.

The MPC also voted by a majority of 7-2 to lower the stock of government bond purchases held for monetary policy purposes, and financed by the issuance of central bank reserves, by GBP 70 billion from October 2025 to September 2026, to a total of GBP 488 billion.

A majority of members said a decrease in the pace of quantitative easing to GBP 70 billion from GBP 100 billion over the previous year, would be consistent with the MPC's key principles and objective.

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1	02-09-2025	IT	RFP for Procurement of Server
			A. General Information
			B. Technical Bid
			C. Financial Bid
			D. Technical BID Meeting Link
			E. Financial BID Meeting Link
2	21-08-2025	IT	RFP for Procurement of Server	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
			D. Technical BID Meeting Link
			E. Financial Bid Meeting Link
3	14-07-2025		RFP document for the Cloud Voice Logger	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
			D. Technical BID Meeting Link
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4	01-04-2025	IA	REQUEST FOR PROPOSAL FOR APPOINTMENT OF CONCURRENT INTERNAL AUDITORS FOR PERIOD APRIL 2025 – MARCH 2026
5	01-04-2025	IA	REQUEST FOR PROPOSAL FOR APPOINTMENT OF INTERNAL AUDITORS FOR PERIOD APRIL 2025 – MARCH 2026 - IFCI
6	24-04-2025	IT	RFP for Services of IT Infrastructure Shifting & Configuration	Closed
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7	18-02-2025	IT	RFP for Procurement of HP Hard Disk	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
8	18-02-2025	IT	RFP for Procurement of HP Server	Closed
			A. General Information
			B. Technical Bid
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9	07-12-2024	Administration	RFP for office premises on lease at Chennai	Closed
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10	10-06-2024	IA	RFP for appointment of internal auditors for period April 2024 – March 2025	Active upto 21/06/2024 end of the day
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11	10-06-2024	IA	RFP for appointment of internal auditors and Concurrent Audit for period April 2024 – March 2025	Active upto 21/06/2024 end of the day
12	22-11-2023	Compliance	Procurement of AML/PML software Solution - VC Meeting Link for opening of Tender Box on 22/11/2023 at 4.30 pm	Closed
13	16-10-2023	Compliance	RFP for Procurement of AML/PML software solution
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14	28-10-2024	IT	RFP for Procurement of Firewall	Closed
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			C. Financial Bid
15	12-07-2023	ADMIN	RFP for Premises on Lease for Ahmedabad Branch
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			C. Technical Bid
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16	07-07-2023	CS	RFP for Secretarial Audit
17	26-06-2023	IT	RFP for AMC of Online UPS system installed at IFINs Branch office	Closed
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18	16-06-2023	IT	E-tender for engagement of annual system audit and cyber security audit agency	Closed
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			B. Technical Bid
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19	15-06-2023	IT	RFP for AMC of 30KVA Online UPS system	Closed
			A. General Information
			B. Technical Bid
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20	30-05-2023	ADMIN	RFP for Premises on Lease for Ahmedabad Branch	Cancelled
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			C. Technical Bid
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			E. Extension of RFP
			F. Closure of RFP
21	24-05-2023	ADMIN	RFP for Premises on Lease for Salem Branch	Closed
			A. Newspaper Aricle
			B. General Information
			C. Technical Bid
			D. Financial Bid
22	24-04-2023	IA	Extension Of RFP iCOM IA for FY 2023-2024	Closed
23	25-04-2023	CS	Extension Of RFP for Seeking Quotations for Secretarial Audit Of IFIN Group for FY 2022-2023	Cancelled
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24	02-05-2023	IA	RFP For Appointment Of Internal Auditor for July 2023 - March 2024	Closed
25	02-05-2023	IA	RFP For Appointment Of Internal Auditor for July 2023 - March 2024 for operations, accounts and control related activities.	Closed
26	24-04-2023	CS	RFP PCS Empannelment for ROC filing 2022-23	Closed
27	24-04-2023	IA	RFP For Appointment Of Internal Auditor iCOM 23-24	Closed
28	14-03-2023	IA	RFP for appointment of internal auditor in the iCOM	Closed
29	25-04-2023	CS	RFP For Secretarial Audit 22-23	Closed