A Bill to make provision for penalties against the Court of Directors of the Bank of England for failure to meet inflation targets.
House of Commons
Sir Christopher ChopeConservative
30 April 2026
May contain errors — check source documents for definitive information.
This bill would create penalties for the Bank of England’s Court of Directors if the inflation targets are not met. It seeks to increase accountability of the Bank’s leadership over inflation performance. The bill is currently at the second reading in the House of Commons.
The bill has completed its first reading in the Commons (21 October 2024) and is now at the second reading stage. If it progresses, it would move on to further readings and committee stages.
Generated 21 February 2026
21 Oct 2024
The 2024-2026 session of Parliament has come to an end so the House of Commons is now prorogued until the next session begins on 13 May 2026. Prorogation is the formal end to the parliamentary year.
This Bill will therefore make no further progress.
No recorded votes for this bill yet.