The Bank of England (BoE) has accepted the nine recommendations from the Independent Evaluation Office’s (IEO) June 2025 report on its approach to horizon scanning, which was commissioned by the Court of Directors in December 2023. The evaluation found that while horizon scanning is actively used across BoE, significant variation exists in definitions, tools and integration across departments, limiting effectiveness and coordination. To address this, the BoE has committed to adopting a shared definition, enhancing organisational architecture and fostering a culture of strategic foresight through new working groups, cross-Bank collaboration, and external engagement.