Bank of England
UK's central lender
The Bank of England is the central bank of the United Kingdom, responsible for monetary policy, issuing currency, and maintaining financial stability.
Founded in 1694, it sets interest rates and serves as lender of last resort to the banking system.
Often called simply the Bank in British financial contexts: The Bank raised rates again.
- Old LadyVenerable institution's nickname
- governorState's chief executive
- monetary policyCentral bank economic controls
- quantitative easingAsset purchases to boost economy
- printing moneyManufacturing legal tender
financial regulation · United Kingdom · British economy · pound sterling · banknotes · interest rates · lender of last resort · credit crunch · financial stability · City of London · sovereign debt · financial crises · legal tender · Exchequer · bullion · gilt · treasury · liquidity
- Central BanksFederal Reserve, Fed
- British Economypound sterling, sterling, GDP, budget deficit, national debt
- City of LondonCity of London, Guildhall, Lord Mayor, livery companies, aldermen
- Economic Bodieseconomic council, finance ministry, treasury department, budget office, commerce department
- Georgian BritainGeorge III, Walpole, Culloden, Georgian era, Regency period
- BritainWales, Scotland, London, Northern Ireland, UK
Bank of Englandretail bank
Bank serving individual customers
commercial bank · Barclays · HSBC · Lloyds · NatWest
Bank of EnglandBitcoin
Peer-to-peer electronic cash
cryptocurrency · Federal Reserve · Bank of Japan · gold standard · anarcho-capitalism
bank, banker, banking, banks, English, England, banked, bankers, Anglican