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Founded in 1694, the Bank of England is the central bank of the United Kingdom. Sometimes known as the ‘Old Lady’ of Threadneedle Street, the Bank’s mission is to promote the good of the people of the United Kingdom by maintaining monetary and financial stability.
We are the UK’s central bank and are owned by the UK government. But we have specific statutory responsibilities for setting policy – for interest rates, for financial stability, and for the regulation of banks and insurance companies. And we carry those out free from day-to-day political influence.
The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based.
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.
6 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.
Jul 16, 2023 · What Is the Bank of England (BoE)? The Bank of England (BoE) is the central bank of the United Kingdom. The BoE oversees the nation's monetary policy and issues its...