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- Bank of England definition: the central bank of the United Kingdom, which acts as banker to the government and the commercial banks. It is responsible for managing the government's debt and implementing its policy on other monetary matters.
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The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based.
- World's 8th Oldest Bank
Year Company Country (historic) Country (modern) Notes 1472...
- World's 8th Oldest Bank
www .bankofengland .co .uk. The Bank of England is the central bank of the United Kingdom. It is the model on which most modern central banks have been based. It was set up to act as the government's banker, and is still the banker for the British Government. The Bank was privately owned from 1694.
Key terms and abbreviations the Bank of England uses on its website and communications
The Bank of England is the central bank of the United Kingdom. We’re different to a bank that you would come across in the high street. That means we don’t hold accounts or make loans to the public.
the Bank of England. noun. uk us (abbreviation the BoE) BANKING, ECONOMICS, POLITICS. the central bank of the United Kingdom: When the Bank of England changes the official interest rate it is attempting to influence the overall level of expenditure in the economy.
English, in various dialects, is the most widely spoken language of the United Kingdom, [13] but a number of regional and migrant languages are also spoken. Regional indigenous languages are Scots and Ulster Scots and the Celtic languages, Irish, Scottish Gaelic, Welsh and, as a revived language with few speakers, Cornish.
2 days ago · Bank of England, the central bank of the United Kingdom. Its headquarters are in the financial district of London. It was incorporated by act of Parliament in 1694 with the purpose of raising funds to allow the government to wage war against France.