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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
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. The Government took it over in 1946.
- We Provide Ways to Pay For Things Safely
- We Keep Price Rises Low and Stable
- We Make Sure Banks Are Run Well
- We Keep The Whole UK Financial System Stable
We produce £5, £10, £20 and £50 banknotes you can trust. They have security features that make them difficult to counterfeit (fake). Our new £20is our securest note ever. We supervise payment services (eg VISA), which help you pay for things easily and safely. We also run the core services that enable people, businesses and banks to make large tran...
We guard the value of your money by keeping prices stable. The measure of how much prices go up over time is called inflation.
Our Prudential Regulation Authorityregulates and supervises all the major banks, building societies, credit unions, insurers and investment firms in the UK.
People need a stable financial system and it’s our job to make sure the UK has one. A financial system connects people who want to save, invest or borrow money. It's a vital part of our economy. We keep the UK’s financial system stable by keeping a close watch on any risks and taking action, if we need to. For example, we can lend to banks if they ...
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.
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.
Home. Glossary. Key terms and abbreviations. Frequently asked questions. ACH - automated clearing house. ACR - Annual Competition Report. ACS - annual cyclical scenario. AFS - available for sale securities. Agents - Our national network of twelve agencies, spread across the whole of the UK.
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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.
