Uploaded November 2020 | Updated September 2026, 1 hour ago

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Our Monetary Policy Committee (MPC) decides what monetary policy action to take. The MPC sets and announces policy eight times a year (roughly once every six weeks). In this video, the MPC discusses the decisions taken in November 2020 and answers questions from the press.

View the monetary policy summary and minutes of the Monetary Policy Committee meeting here: bankofengland.co.uk/monetary-policy-summary-and-minutes/2020/november-2020

N.B. A segment of this video has been edited to ensure maximum audio quality, due to interference on the line.