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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. Established in 1694 to act as the English Government 's banker and debt manager, and still one of the bankers for the Government of the United Kingdom, it is the world's eighth-oldest bank.
4 days ago · The Bank of England (BoE) is the UK's central bank. Our mission is to deliver monetary and financial stability for the people of the United Kingdom.
Who owns the Bank of England today? We are wholly-owned by the UK government. The capital of the Bank is held by the Treasury Solicitor on behalf of HM Treasury. Although we are owned by HM Treasury, we carry out our responsibilities independently. We're free from day-to-day political influence.
The Bank of England was founded as a private bank in 1694 to act as banker to the Government. Today we are the UK’s central bank. Our timeline looks at some of the highlights from our long history.
4 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.
General election 2024 in maps and charts. 5 hours ago. By Data journalism team, BBC News. BBC. The Labour Party has won a landslide majority in the 2024 general election. The party is set to take ...
Apr 4, 2024 · The annual inflation rate has exceeded the bank’s target, 2%, for almost three years, peaking at 11.1% in late 2022 before falling to 3.4% in February. The core rate—excluding food and energy—is...
