The claim
Fact check: Changing Bank interest payments could save £11.5bn, estimate shows
Original publisher’s rating
The New Economics Foundation (NEF) has spoken in favour of changes that could reduce the amount that the Bank of England pays to commercial banks. The Institute for Fiscal Studies (IFS) has also said there are arguments in favour of a change. However neither believes that it could save the Government £35 billion a year.
Reviewed by PA Media ↗ ·
Read the original fact check ↗Sources and attribution
- [original] PA Media original review
Original review · Retrieved October 17, 2026
Original review: PA Media. Structured data compiled by Data Commons under CC BY 4.0. Publisher article content is subject to its own terms.
Updated