Quantitative Easing (Prohibition) Bill 2024-26

prohibit quantitative easing; to prohibit the Government from indemnifying any losses that may result from quantitative easing; and for connected purposes.

Private Members' Bill (under the Ten Minute Rule)

What is this Bill?

The Quantitative Easing (Prohibition) Bill is a Ten Minute Rule Bill tabled by Rupert Lowe.

Is this Bill currently before Parliament?

Yes. This Bill was introduced on 08 January 2025 and is currently before Parliament.

Whose idea is this Bill?

As a Private Members' Bill, this Bill represents the individual initiative of an MP (Rupert Lowe), not the Government.

What type of Bill is this?

A Ten Minute Rule Bill is a process of tabling a bill, where an MP has 10 minutes to advocate for their legislation to the Commons and the Minister responsible.

So is this going to become a law?

Ten Minute Rule Bills do not receive any legislative priority and will only become an Act of Parliament if there is unanimous consent of MPs.

However, the legislative proposal may be adopted by the Government, particularly if the proposed legislation can be implemented without a Bill.

Would you like to know more?

See these Glossary articles for more information: Ten Minute Rule Bill, Private Members Bill, Process of a Bill

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