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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.
- World's Eighth-Oldest Bank
The merchant banker Cornelius Berenberg, a member of the...
- Sam Woods
In July 2016, he became the deputy governor of the Bank of...
- Edward George
Edward Alan John George, Baron George GBE PC DL (16...
- Jon Cunliffe
Cunliffe currently serves as Deputy Governor of the Bank of...
- World's Eighth-Oldest Bank
Apr 23, 2024 · Bank of England, the central bank of the United Kingdom.Its headquarters are in the central financial district of the City of London.. The Bank of England was incorporated by act of Parliament in 1694 with the immediate purpose of raising funds to allow the English government to wage war against France in the Low Countries (see Grand Alliance, War of the).
The first Bank of England branch bank was opened in Gloucester on 19 July 1826. The branch was also one of the most short-lived, as it was never very profitable. The business was transferred to the Bristol branch in 1849. Street view of the Bank of England in Northgate Street, Gloucester.
The Bank of England has served the public for over 300 years by looking after the UK economy and financial system. We make sure you can pay for things. Here at the Bank of England we print the banknotes that you use to pay for things; and make sure they are strong, attractive and hard to forge.
- We Provide Ways to Pay For Things Safely
- We Work to Keep Price Rises Low and Stable
- We Make Sure Banks Are Run Well
- We Work to Keep The Whole UK Financial System Stable
We produce £5, £10, £20 and £50 banknotesyou can trust. They have security features that make them difficult to counterfeit (fake). 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 transfers (eg CHAPS),and the banks to settl...
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 ...
3 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 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.
