who is responsible for setting interest rates in the uk
Economy of the United Kingdom Government involvement in the British economy is primarily exercised by Her Majesty's Treasury, headed by the Chancellor of the Exchequer, and the Department for Business, Energy and Industrial Strategy. Since 1979 management of the economy has followed a broadly laissez-faire approach.[51][52][26][27][53][54] The Bank of England is the UK's central bank and its Monetary Policy Committee is responsible for setting interest rates, quantitative easing, and forward guidance.
Bank of England £10 note The Bank of England Â£10 note, also known as a tenner, is a banknote of the pound sterling. It is the second-lowest denomination of banknote issued by the Bank of England. The current polymer note, first issued in 2017, bears the image of Queen Elizabeth II on the obverse and the image of author Jane Austen on the reverse. The final cotton paper note featuring a portrait of naturalist Charles Darwin, first issued in 2000, was withdrawn from circulation on 1 March 2018,[1] thereby replacing the cotton with a more fit material.