Changes to publication of capital expenditure and Channel Islands and Isle of Man data - January 2021 update

This article provides an update to the proposals to discontinue the collection and publication of statistics for monetary financial institutions’ capital expenditure, and balance sheet data for monetary financial institutions located in the Channel Islands and Isle of Man.
Published on 21 January 2021

Bankstats article

By Kieran Jones and Andrew Saunderson

Currently, the Bank of England collects and publishes data on monetary financial institutions’ (MFIs) capital expenditure, and balance sheet data for MFIs located in the Channel Islands and Isle of Man. A cost-benefit analysis has indicated that these two datasets had limited use either within the Bank or externally and following the recent open consultation with users the decision was made to discontinue both datasets.

More information on the respective publications can be found as follows:

Capital expenditure data

At present, the Bank publishes data on MFIs’ capital expenditure on a quarterly and annual basis. Data are sourced from Form CX, which is reported by a small group of eligible UK resident MFIs. Data are currently published on the Bank of England’s interactive database – Our database.

Following the recent consultation process, the Bank will discontinue the collection and publication of new data on Our database will be for Q4 2020 data, scheduled for publication on 12th February 2021.

Annex A provides information on the specific series affected by this change.

Channel Islands and Isle of Man data

At present, the Bank publishes balance sheet data of monetary financial institutions located in the Channel Islands and Isle of Man on a monthly, quarterly, and annual basis. The latest data are available in Bankstats Table C5.1 on the Bank of England’s website, with a longer back run available on Our database.

Some of these data are also presented in Bankstats Table A7.1, ‘Liquid assets outside of M4’.

Following the recent consultation process, the Bank shall discontinue the collection and publication of these data beyond the December-2020 reference period, scheduled for publication on 1st March 2021.

See annex A for further details on published series that will be discontinued.

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