The total amount of digital money. I know that this is impossible to maybe give an accurate number but just an estimate is okay, as you must have an idea of that. Thank you for your recent correspondence to HM Treasury requesting information on the amount of money in the economy. Information on the total amount of money in the economy is published by the Bank of England and the Royal Mint in their Annual Reports.
Thank you for that information. If the bn was created electronically it doesn't physically exist. If it wasn't printed its only digital isn't it? The BoE report on p20 shows that there is about 46bn of notes in circulation. The bn of quantitative easing was 4 times greater than the actual physical money in existence.
What i would like to know is how much money is there in the UK, so this 46bn plus all the other digital money. Data on M0 is compiled as a monthly average. Data on both components of M0 can be found on the Bank of England website via the interactive statistics database:. Help us protect your right to hold public authorities to account. Donate and support our work. Bank of England. Government Actuary's Department.
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Why is it never me? Jon Trussler, St. Albans, UK The central bank known as the Bank of England has jurisdiction over the amount of notes and coins in circulation.
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